CLANEY KELVIN 4
4 · ICTV Brands Inc. · Filed Feb 14, 2019
Insider Transaction Report
Form 4
ICTV Brands Inc.ICTV
CLANEY KELVIN
President
Transactions
- Award
Common Stock
2019-02-12+250,000→ 8,134,269 total - Award
Stock Option
2019-02-12+350,000→ 983,333 totalExercise: $0.05From: 2019-02-12Exp: 2029-02-12→ Common Stock (350,000 underlying)
Footnotes (3)
- [F1]The reporting person was issued 250,000 shares valued at $0.05 per share, as compensation for a temporary reduction in base salary.
- [F2]Includes 6,668,660 shares owned by The Better Blocks Trust, of which Mr. Claney is a joint trustee. Mr. Claney disclaims beneficial ownership of the shares and options owned or controlled by The Better Blocks Trust beyond the extent of his pecuniary interest. Mr. Claney also holds 210,000 shares of Series A Preferred Stock.
- [F3]The reporting person was granted options under the Company's 2011 Incentive Stock Option Plan, to purchase 350,000 shares of common stock, as compensation for a temporary reduction in base salary.