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NorWesTech, Inc.·4

Feb 23, 12:47 PM ET

SCHLOZ STANLEY 4

4 · NorWesTech, Inc. · Filed Feb 23, 2012

Insider Transaction Report

Form 4
Period: 2012-02-23
NorWesTech, Inc.NWTH
SCHLOZ STANLEY
Director
Transactions
  • Exercise/Conversion

    Common Stock

    2012-02-23$0.30/sh+100,000$30,000→ 372,034 total(indirect: By Trust)
  • Exercise/Conversion

    Director Stock Option (right to buy)

    2012-02-23−100,000→ 0 total
    Exercise: $0.30From: 2012-02-23Exp: 2014-09-15→ Common Stock (100,000 underlying)
  • Award

    Director Stock Option (right to buy)

    2012-02-23+100,000→ 100,000 total
    Exercise: $0.30From: 2012-02-23Exp: 2014-09-15→ Common Stock (100,000 underlying)
Holdings

  • Common Stock

    (indirect: By Spouse)
    22,500

  • Common Stock

    (indirect: By Enzian Inc.)
    6,500

  • Common Stock

    238,426
Footnotes (2)
  • [F1]The reporting person disclaims beneficial ownership of these securities held by his wife, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
  • [F2]On September 16, 2011, the reporting person was granted an option to purchase 100,000 shares of common stock. The option vested in full on February 23, 2012, immediately prior to the closing of the transactions contemplated by the asset contribution agreement between the Issuer and Grandparents.com, LLC.

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT