4//SEC Filing
Farman-Farmaian Teymour M 4
Accession 0001437749-19-019525
CIK 0001647170other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 6:09 PM ET
Size
16.5 KB
Accession
0001437749-19-019525
Insider Transaction Report
Form 4
Tapinator, Inc.TAPM
Farman-Farmaian Teymour M
Director
Transactions
- Exercise/Conversion
Common Stock
2019-08-21+13,888→ 713,888 total - Exercise/Conversion
Common Stock
2019-09-21+13,889→ 727,777 total - Disposition to Issuer
Common Stock
2019-09-30−27,777→ 700,000 total - Exercise/Conversion
Restricted Stock Unit
2019-08-21−13,888→ 236,112 total→ Common Stock (13,888 underlying) - Disposition to Issuer
Restricted Stock Unit
2019-09-30−222,223→ 0 total→ Common Stock (222,223 underlying) - Award
Stock Option (right to buy)
2019-09-30+250,000→ 250,000 totalExercise: $0.06Exp: 2029-09-30→ Common Stock (250,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2019-09-21−13,889→ 222,223 total→ Common Stock (13,889 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Represents (i) the repurchase by the Issuer of undelivered common stock underlying 27,777 vested restricted stock units and (ii) the cancellation of the remaining 222,223 unvested restricted stock units. As consideration for the repurchase and cancellation of the shares of common stock and restricted stock units, respectively, the Reporting Person received (i) an option to purchase 250,000 shares of common stock (the same amount underlying the restricted stock units at the initial date of grant) at a per share exercise price of $0.06 and (ii) a one-time cash payment of $1,250.
- [F3]On February 21, 2018, the Reporting Person was granted 250,000 restricted stock units, which began vesting ratably in 18 equal monthly installments on August 21, 2019.
- [F4]This stock option vests as follows: (i) 50% in three substantially equal installments (with the first two installments rounded down for any fractional shares) on the last day of October, November, and December in 2019 (with the third installment including any fractional shares that were rounded down from the first and second installments) and (ii) the remaining 50% in 12 substantially equal installments (with the first 11 installments rounded down for any fractional shares) on the last day of each month in 2020 (with the 12th installment including any fractional shares that were rounded down from the first 11 installments).
Documents
Issuer
Tapinator, Inc.
CIK 0001647170
Entity typeother
Related Parties
1- filerCIK 0001738209
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 6:09 PM ET
- Size
- 16.5 KB