HINSHAW MICHAEL 4
4 · McorpCX, Inc. · Filed Sep 17, 2019
Insider Transaction Report
Form 4
McorpCX, Inc.MCCX
Hinshaw Michael
DirectorPresident10% Owner
Transactions
- Gift
Stock Option (option to sell)
2019-09-03−250,000→ 4,350,000 total - Other
Stock Option (option to sell)
2019-09-03+290,000→ 0 totalExercise: $0.09Exp: 2029-09-02→ Common Stock (290,000 underlying) - Sale
Common Stock
2019-09-03$0.05/sh−300,000$15,000→ 4,900,000 total - Sale
Common Stock
2019-09-03$0.05/sh−300,000$15,000→ 4,600,000 total - Other
Stock Option (option to sell)
2019-09-03+520,000→ 0 totalExercise: $0.22Exp: 2029-09-02→ Common Stock (520,000 underlying)
Footnotes (5)
- [F1]Includes 1,020,000 shares of the Issuer's common stock subject to private stock option agreements with third parties, whereby each such third party has the option to acquire a portion of such shares at a set exercise price over a three year vesting period.
- [F2]The Reporting Person entered into a private stock option agreement with a third party whereby the Reporting Person agreed to sell an aggregate of 520,000 shares owned by the Reporting Person for $0.22 per share.
- [F3]The option to purchase the Reporting Person's shares granted to the third party vest according to the following vesting schedule: 170,000 shares on September 2, 2020, 170,000 shares on September 2, 2021 and 180,000 shares on September 2, 2022.
- [F4]The Reporting Person entered into a private stock option agreement with a third party whereby the Reporting Person agreed to sell an aggregate of 290,000 shares owned by the Reporting Person for $0.09 per share.
- [F5]The option to purchase the Reporting Person's shares granted to the third party vest according to the following vesting schedule: 100,000 shares on September 2, 2020, 100,000 shares on September 2, 2021 and 90,000 shares on September 2, 2022.