AUTOBYTEL INC 4
4 · AUTOBYTEL INC · Filed Oct 21, 2016
Insider Transaction Report
Form 4
AUTOBYTEL INCABTL
Vargas Jose J.
10% Owner
Transactions
- Award
Employee Stock Option (Right to Buy
2016-10-19+65,000→ 65,000 totalExercise: $16.82Exp: 2023-09-21→ Common Stock (65,000 underlying)
Footnotes (2)
- [F1]The option grants were approved by the Compensation Committee of the Company's Board of Directors on September 21, 2016, subject to the execution of the Second Amended and Restated Stockholder Agreement. The Second Amended and Restated Stockholder Agreement was executed on October 19, 2016.
- [F2]These options will become vested and exercisable as follows: (i) 33 1/3% will vest and become exercisable on September 21, 2017; and (ii) 1/36th will vest and become exercisable on each successive monthly anniversary thereafter for the following 24 months ending on September 21, 2019.