4//SEC Filing
Spires Richard 4
Accession 0001437749-18-012793
CIK 0001002037other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 4:08 PM ET
Size
6.0 KB
Accession
0001437749-18-012793
Insider Transaction Report
Form 4
Spires Richard
Director
Transactions
- Award
Stock Option (right to buy)
2018-06-29+25,000→ 625,000 totalExercise: $1.35Exp: 2023-06-29→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]Exercise price is equal to the mean of the high and low bids of the Company's common stock on the OTCQX on the date of grant.
- [F2]The reporting person received 25,000 incentive stock options (ISOs) granted under the Learning Tree International, Inc. Equity Incentive Plan.
- [F3]10% of the incentive stock options granted vested on the date of grant (June 29, 2018) with the subsequent vesting of 30% of the incentive stock options vesting on each of the one-year, two-year and three-year anniversary of the date of grant, contingent upon continued employment.
- [F4]Mr. Spires' holdings of options of common stock includes 500,000 options with an exercise price of $1.248 granted on October 7, 2015 and 100,000 at an exercise price of $1.19 granted on October 26, 2015.
Documents
Issuer
LEARNING TREE INTERNATIONAL, INC.
CIK 0001002037
Entity typeother
Related Parties
1- filerCIK 0001594190
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 4:08 PM ET
- Size
- 6.0 KB