BeesFree, Inc. 3
3 · BeesFree, Inc. · Filed Feb 21, 2014
Insider Transaction Report
Form 3
BeesFree, Inc.BEES
Elliott Steven F.
President & CEO
Holdings
Option (right to purchase)
Exercise: $0.50→ Common Stock (750,000 underlying)Option (right to purchase)
Exercise: $0.50→ Common Stock (562,500 underlying)Option (right to purchase)
Exercise: $0.50→ Common Stock (1,687,500 underlying)
Footnotes (3)
- [F1]These options vest upon the closing of an investment into the Company of not less than $3 million and expire four (4) years from the date of vesting.
- [F2]These options vest on February 12, 2015 and expire four years from the date of vesting.
- [F3]These options vest in equal monthly installments of 46,875 shares beginning 13 months from the date of grant. These options expire four (4) years from the date of vesting.