SABEC CHRISTOPHER 4
4 · RIGHTSCORP, INC. · Filed Aug 18, 2017
Insider Transaction Report
Form 4
RIGHTSCORP, INC.RIHT
SABEC CHRISTOPHER
DirectorCEO, President10% Owner
Transactions
- Award
Option to Purchase Common Stock
2017-08-08+5,000,000→ 5,000,000 totalExercise: $0.05From: 2017-08-01Exp: 2027-08-01→ Common Stock (5,000,000 underlying)
Footnotes (1)
- [F1]The stock options reported under item 1 above were granted to Mr. Sabec pursuant to his employment agreement as President, approved by the Board on 08/08/2017 and effective 08/01/2017 (the "Effective Date"). 1,500,000 of the options, priced at $0.05 per share, vested on the Effective Date, and the remaining 3,500,000 options, also at $0.05 per share, vest in 48 equal monthly installments beginning on the Effective Date.