ATI Modular Technology Corp. 4
4 · ATI Modular Technology Corp. · Filed Jan 26, 2017
Insider Transaction Report
Form 4
PERKINS ALTON
Director(1)10% Owner
Transactions
- Award
Common Stock
2016-07-01+5,000,000→ 100,117,323 totalFrom: 2017-07-01Exp: 2022-07-01→ Common Stock (5,000,000 underlying) - Award
Common Stock
2016-07-01$0.00/sh+10,000,000$10,000→ 100,117,323 total(indirect: By Trust)
Footnotes (2)
- [F1]For information regarding the nature of all of Mr. Perkins holdings under Issuer ATI Modular Technology Corp., please see his Form 3 previously filed on Edgar on October 21, 2016.
- [F2]The Reporting Person, or his authorized designee, has an option to purchase up to 5,000,000 shares of common stock of the Issuer per year at any time prior to the conclusion of the first year of the Agreement, i.e. prior to 365 days after execution of the Reporting Person's Employment Agreement, at a price of 1.5% per share of the closing price of the Company's stock quoted on a major exchange or over-the-counter marketplace one business day before purchase, and annually thereafter for a total of 5 consecutive years. The shares purchased under the option are subject to all rights and restrictions set forth in the Schedule to the Employment Agreement.