4//SEC Filing
ELLENTHAL JONATHAN 4
Accession 0001584128-18-000004
CIK 0001294649other
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 11:01 AM ET
Size
9.0 KB
Accession
0001584128-18-000004
Insider Transaction Report
Form 4
ELLENTHAL JONATHAN
DirectorVice Chairman and CEO
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2018-09-07−200,000→ 0 totalExercise: $0.43Exp: 2025-05-15→ Common Stock (200,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2018-09-07−1,000,000→ 0 totalExercise: $0.43Exp: 2023-11-15→ Common Stock (1,000,000 underlying)
Footnotes (2)
- [F1]Stock options granted pursuant to Amended and Restated 2006 Long-term Incentive plan in respect of 333,333 shares exercisable from and after November 15, 2014; 333,333 shares exercisable from and after November 15, 2015; and 333,334 shares exercisable from and after November 15, 2016. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on a date to be determined by the Company's Board of Directors, options under this grant will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution.
- [F2]Stock option granted pursuant to Walker Innovation Inc. (formerly known as Patent Properties, Inc.) 2015 Long-term Incentive Plan in respect of 66,666 shares exercisable from and after May 15, 2016; 66,667 shares from and after May 15, 2017; and 66,667 shares from and after May 15, 2018. In connection with the Plan of Complete Liquidation and Dissolution of the Company, on a date to be determined by the Company's Board of Directors, options under this grant will be settled in cash in an amount equal to the difference between the exercise price and the aggregate liquidating distributions paid to the Company's stockholders in accordance with the Plan of Complete Liquidation and Dissolution.
Documents
Issuer
WALKER INNOVATION INC.
CIK 0001294649
Entity typeother
Related Parties
1- filerCIK 0001584128
Filing Metadata
- Form type
- 4
- Filed
- Sep 6, 8:00 PM ET
- Accepted
- Sep 7, 11:01 AM ET
- Size
- 9.0 KB