MassRoots, Inc. 4
4 · MassRoots, Inc. · Filed Oct 5, 2016
Insider Transaction Report
Form 4
MassRoots, Inc.MSRT
GALEY LANCE
Chief Technology Officer
Transactions
- Award
Common Stock, par value $0.001
2016-10-03+600,000→ 600,000 total - Award
Option
2016-10-03+600,000→ 600,000 totalExercise: $0.51From: 2016-11-14Exp: 2026-10-03→ Common Stock, par value $0.001 (600,000 underlying)
Footnotes (2)
- [F1]The 600,000 shares of the Company's Common Stock awarded to Mr. Galey will vest as follows: (a) 300,000 shares on October 3, 2016 and (b) 50,000 shares on the first day of each month from November 2016 through April 2017. The vested shares will be issued to Mr. Galey starting 40 days from October 5, 2016.
- [F2]The options to purchase 600,000 shares of the Company's Common Stock awarded to Mr. Galey will vest as follows: (a) 300,000 options on October 3, 2016 and (b) 50,000 options on the first day of each month from November 2016 through April 2017. The vested options may be exercised by Mr. Galey starting 40 days from October 5, 2016.