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MICHALE LOIACONO J 4

Accession 0001144204-12-005702

CIK 0000852570other

Filed

Feb 2, 7:00 PM ET

Accepted

Feb 3, 1:39 PM ET

Size

10.2 KB

Accession

0001144204-12-005702

Insider Transaction Report

Form 4
Period: 2012-02-02
MICHALE LOIACONO J
Chief Financial Officer
Transactions
  • Tax Payment

    Common Stock, par value $0.001

    2012-02-02$0.65/sh15,432$10,00050,756 total
  • Exercise/Conversion

    Common Stock, par value $0.001

    2012-02-02$0.32/sh+31,250$10,00077,500 total
  • Exercise/Conversion

    Stock Options

    2012-02-0231,25093,750 total
    Exercise: $0.32Common Stock (31,250 underlying)
Holdings
  • Common Stock, par value $0.001

    (indirect: By Spouse)
    10,000
Footnotes (2)
  • [F1]This option for 250,000 shares vested or will vest according to the following: 31,250 options vested on October 2, 2007; 31,250 options vested on April 2, 2008; 62,500 options vested on May 15, 2008; 31,250 options vested on April 2, 2009; 31,250 options vested on April 2, 2010; and 62,500 options will vest on April 2, 2012 if the closing price for the Company's stock is not less than $1.04 for 15 consecutive days.
  • [F2]This option for 250,000 shares expires according to the following: the 31,250 options which vested on October 2, 2007 expire on April 2, 2010; the 31,250 options which vested on April 2, 2008 expire on April 2, 2011; the 62,500 options which vested on May 15, 2008 expire on April 2, 2011; the 31,250 options which vested on April 2, 2009 expire on April 2, 2012; the 31,250 options which vested on April 2, 2010 expire on April 2, 2013. If the 62,500 options subject to vesting on April 2, 2015 vest upon the occurrence of the contingency, these options will expire on April 2, 2015.

Issuer

GLOBAL AXCESS CORP

CIK 0000852570

Entity typeother

Related Parties

1
  • filerCIK 0001364262

Filing Metadata

Form type
4
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 1:39 PM ET
Size
10.2 KB