3PEA INTERNATIONAL, INC. 4
4 · 3PEA INTERNATIONAL, INC. · Filed Jun 30, 2015
Insider Transaction Report
Form 4
Weiler David
DirectorSecretary10% Owner
Transactions
- Conversion
Stock Grant
2015-06-29−500,000→ 0 total→ Common stock (500,000 underlying) - Award
Common stock
2015-06-29+500,000→ 3,748,800 total
Holdings
- 147,050(indirect: By Spouse)
Common stock
Footnotes (3)
- [F1]Not applicable
- [F2]Not applicable
- [F3]On August 13, 2012, the company granted David Weiler one million shares of common stock with a value of $68,000. The stock grant vested in equal amounts over a five year period on the last day of each calendar quarter if Mr. Weiler is still employed by the company at that time. The board of directors waived all vesting requirements relating to the shares, and all unvested shares became fully vested as of December 31, 2014.