SCHMIDT PAUL CHRISTOPHER 5/A
5/A · UpSnap, Inc. · Filed Feb 4, 2008
Insider Transaction Report
Form 5/AAmended
UpSnap, Inc.UPSN.OB
SCHMIDT PAUL CHRISTOPHER
Chief Financial Officer
Transactions
- Award
Stock Options
2006-12-12$0.24/sh+300,000$72,000→ 300,000 totalExercise: $0.24Exp: 2016-12-12→ Common Stock (300,000 underlying)
Footnotes (2)
- [F1]The stock Options were repriced. The Original price was $0.635. The price was reduced to $0.24 on January 14, 2008.
- [F2]150,000 are now exercisable, then 75,000 per year cliff vested for the next two years.