Sandford Frederick J 4
4 · Command Center, Inc. · Filed Apr 27, 2018
Insider Transaction Report
Form 4
Sandford Frederick J
DirectorPresident, CEO and Director
Transactions
- Expiration (Short)
Stock Option
2018-03-29$0.03/sh−20,833$548→ 150,000 totalExercise: $5.40Exp: 2027-09-29→ Common Stock (20,833 underlying) - Expiration (Short)
Stock Option
2018-03-29$3.18/sh−125,000$397,038→ 25,000 totalExercise: $2.40Exp: 2023-02-21→ Common Stock (125,000 underlying) - Expiration (Short)
Stock Option
2018-03-29−25,000→ 0 totalExercise: $8.04Exp: 2020-10-30→ Common Stock (25,000 underlying)
Holdings
- 16,250
Common Stock
Footnotes (1)
- [F1](1) Pursuant to the settlement agreement dated March 28, 2018, the Issuer paid to the reporting owner an amount equal to 105% of the value of unexercised options, whether vested or not. Such options were then cancelled. The value of the unexercised options was determined as follows: From the average of the Bid and Asked prices of the Company's common stock quoted on the OTCOB system at the close of business on March 29, 2018, the option exercise price contained in the relevant Stock Option Grant Agreements was subtracted, then the result (not less than zero) was multiplied by the number of unexercised options.