DESOCIO JAMES F 4
4 · INTELLINETICS, INC. · Filed Sep 4, 2020
Insider Transaction Report
Form 4
DESOCIO JAMES F
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Award
INCENTIVE STOCK OPTION
2020-09-02+25,000→ 50,000 totalExercise: $4.00Exp: 2030-09-01→ COMMON STOCK (25,000 underlying)
Footnotes (2)
- [F1]Options vest annually over a 4-year period, ending September 2, 2024. In addition, 50% of the Options (12,500 Options) are also subject to performance-based vesting, which will be determined on March 31, 2021.
- [F2]Options were issued under the 2015 Intellinetics Inc. Equity Incentive Plan in exchange for Mr. DeSocio's services as an officer of the Company.