Kiwibox.Com, Inc. 5
5 · Kiwibox.Com, Inc. · Filed Feb 9, 2016
Insider Transaction Report
Form 5
TOMASEK JOSEPH J
Director
Transactions
- Award
Stock Options
2016-01-01+1,200,000→ 6,000,000 totalExercise: $0.05From: 2016-01-01Exp: 2021-12-31→ Common Shares (7,200,000 underlying) - Award
Common Stock
2016-02-03+400,000→ 1,100,000 total
Footnotes (2)
- [F1]1. Reporting Person received a stock grant of 400,000 restricted common shares as a Christmas bonus.
- [F2]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 2015, Reporting Person earned 1,200,000 of these stock options whose value has not been determined.