Maudlin Christopher James 4
4 · Generation NEXT Franchise Brands, Inc. · Filed Sep 17, 2018
Insider Transaction Report
Form 4
Maudlin Christopher James
Director
Transactions
- Award
Stock Option
[F1]2018-09-11+330,000→ 330,000 totalExercise: $1.80From: 2018-09-11Exp: 2025-09-11→ Common (330,000 underlying)
Footnotes (1)
- [F1]The options are to vest over a thirty-six (36) month vesting period ("Vesting Period") from the date of grant, with one-sixth (1/6) to vest after six (6) months and the remainder vesting pro rata monthly over the remaining thirty (30) months of the Vesting Period. The strike price is $1.80 per share. The options expire seven years from the vesting date.
Signature
/s/ Duane Linstrom as Attorney-in-Fact|2018-09-17