COPsync, Inc. 5
5 · COPsync, Inc. · Filed Feb 14, 2017
Insider Transaction Report
Form 5
COPsync, Inc.COYN
Alosa Joseph Rosario Sr
Director
Transactions
- Award
Option to Purchase Common Stock
2016-05-23+8,800→ 5,158 totalExercise: $1.80From: 2017-01-04Exp: 2026-01-03→ Common Stock (8,800 underlying)
Footnotes (3)
- [F1]Date of Board approval.
- [F2]The stockholders of COPsync, Inc. (the "Company") approved an amendment to the Company's 2009 Long-Term Incentive Plan (the "Plan) which, in part, increased the number of automatic stock option grants issued to outside Board members on the first business day of each year from 1,200 shares to 10,000 shares. This amendment was made retroactive to January 1, 2016. Mr. Alosa was originally issued 1,200 options on January 4, 2016. This additional grant for 8,800 options reconciles that issuance with the above-mentioned stockholder approved amendment.
- [F3]Includes 3,158 shares purchasable by Mr. Alosa on 12-31-16 and 2,000 shares issuable upon the exercise of a warrant held by Mr. Alosa's spouse.