4//SEC Filing
Chan Brian 4
Accession 0001437749-19-019527
CIK 0001647170other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 6:12 PM ET
Size
8.2 KB
Accession
0001437749-19-019527
Insider Transaction Report
Form 4
Tapinator, Inc.TAPM
Chan Brian
VP Finance and Accounting Sec.
Transactions
- Award
Stock Option (right to buy)
2019-09-30+250,000→ 250,000 totalExercise: $0.06Exp: 2029-09-30→ Common Stock (250,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2019-09-30−250,000→ 0 total→ Common Stock (250,000 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Represents the cancellation of the entire 250,000 unvested restricted stock units. As consideration for the cancellation of the restricted stock units, 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 August 6, 2018, the Reporting Person was granted 250,000 restricted stock units, which would have begun vesting ratably in 18 equal monthly installments on February 6, 2020.
- [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 0001403086
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 6:12 PM ET
- Size
- 8.2 KB