Davis Douglas Landers 4
4 · Gopher Protocol Inc. · Filed Jan 11, 2019
Insider Transaction Report
Form 4
Davis Douglas Landers
Interim CEO
Transactions
- Award
Stock Options
2019-01-01$0.32/sh+2,000,000$638,000→ 2,000,000 totalExercise: $2000000.00From: 2019-01-01Exp: 2024-01-01→ Common Stock (2,000,000 underlying)
Holdings
- 300,000
COMMON STOCK, $0.00001 PAR VALUE
Footnotes (1)
- [F1]Upon execution of the Amended and Restated Employment Agreement, Mr. Davis stock options to be earned and vested (i) with respect to 2,000,000 shares of common stock on the date hereof, (ii) 500,000 shares of common stock upon the successful dual list of the Company on an international exchange such as SIX Zurich Stock Exchange or Euronext, (iii) 1,500,000 shares of common stock upon the successful up listing to a national exchange such as the Nasdaq, NYSE Euronext, TSX, AMEX or other, and (iv) with respect to 500,000 shares of common stock at each of the six (6) month anniversaries (July 1, 2019 and January 1, 2020). The exercise price of such options shall be the closing price of the Company on the date prior to such event.