Riley Merlin Blaine III 4
4 · Graystone Co · Filed Oct 24, 2011
Insider Transaction Report
Form 4
Graystone Cogyst
Riley Merlin Blaine III
10% Owner
Transactions
- Award
Options for Common Stock, Class A
2011-10-07+2,400,000→ 2,400,000 totalExercise: $0.20From: 2012-09-01Exp: 2014-09-01→ Class A Common Stock (2,400,000 underlying) - Award
Common Stock, Class A
2011-10-20$0.00/sh+20,000,000$2,000→ 40,000,000 total
Holdings
- 1,200,000
Options for Common Stock, Class A
Exercise: $0.10From: 2011-09-01Exp: 2012-09-01→ Common Stock, Class A (1,200,000 underlying)
Footnotes (3)
- [F1]All shareholders that owned shares on 10/3/2011 received a dividend that was paid in stock at a rate of 1 shares issued for every share owned.
- [F2]Mr. Riley has the option to purchase 1,200,000 shares of Common Stock, Class A at an exercise price of $0.10 per share. The options expire one-year from their vesting. The options vest at a rate of 100,000 share per month beginning September 1, 2011 and ending August 1, 2012.
- [F3]Mr. Riley has the option to purchase 2,400,000 shares of Common Stock, Class A at an exercise price of $0.20 per share. The options expire one-year from their vesting. The options vest beginning September 1, 2012 and expire September 1, 201.