Kiwibox.Com, Inc. 5
5 · Kiwibox.Com, Inc. · Filed Feb 18, 2015
Insider Transaction Report
Form 5
TOMASEK JOSEPH J
Director
Transactions
- Award
Stock Options
2015-01-01+1,200,000→ 6,000,000 totalExercise: $0.05From: 2015-01-01Exp: 2020-12-31→ Common Shares (6,000,000 underlying) - Award
Stock Warrant
2010-12-03+500,000→ 500,000 totalExercise: $0.03From: 2010-12-03Exp: 2015-12-04→ Common Shares (500,000 underlying) - Award
Common Stock
2013-12-31+250,000→ 500,000 total - Award
Common Stock
2015-01-01+200,000→ 700,000 total
Footnotes (3)
- [F1]1. Reporting Person received a stock grant of 200,000 restricted common shares as a Christmas bonus.
- [F2]2. Reporting Person earns 100,000 common stock options for each month of legal services rendered to the Issuer. All stock options earned are exercisable at $.05 per share or on a cashless basis, during a 5-year exercise, commencing the date of grant. During calendar year 2010, 1,200,000; during calendar year 2011, 1,200,000; during calendar year 2012, 1,200,000 of these stock options; during calendar year 2013, 1,200,000 of these stock options, and; during calendar year 2014, 1,200,000 of these stock options. The value of the these stock options has not been determined for the 1,200,000, earned each of the calendar years, 2010, 2011, 2013 and 2014.
- [F3]3. Reporting Person was awarded a common stock purchase warrant to purchase up to 500,000 common shares, exercisable at $.025 per share or on a cashless exercise basis, any time during the 5-year exercise period, commencing upon the grant date of December 3, 2010. The value of the Warrant has not been determined.