Diligent Board Member Services, Inc. 4
4 · Diligent Board Member Services, Inc. · Filed Jul 14, 2014
Insider Transaction Report
Form 4
Weldon Mark Rhys
Director
Transactions
- Award
Common Stock
2014-07-10$3.70/sh+5,399$19,999→ 105,585 total(indirect: Through Lola Nominees Limited)
Footnotes (2)
- [F1]The shares of Common Stock were issued to the reporting person pursuant to the Diligent Board Member Services, Inc. 2013 Incentive Plan in respect of Q2 2014 service as a non-employee director. The grant for Q2 2014 service represented a value of US$20,000. The number of shares issued was determined based on the exchange rate of US$1.00 to NZ$1.1334 on the last business day prior to the grant date and the volume weighted average trading price of the Common Stock for the 20 trading days immediately prior to the grant date.
- [F2]All shares of Common Stock reported are owned directly by Lola Nominees Limited, an entity which is wholly owned by the reporting person.