Kenyon Bryan 4
4 · Trycera Financial, Inc. · Filed Jun 18, 2004
Insider Transaction Report
Form 4
Kenyon Bryan
Other
Transactions
- Gift
Common stock, par value $.001
2004-06-16−100,000→ 500,000 total
Holdings
- 750,000
Options
Exp: 2009-05-27→ Common stock, par value $.001 (750,000 underlying)
Footnotes (2)
- [F1]The exercise prices are as follows: $0.25 per share for the first 187,500 shares; $0.45 per share for the next 187,500 shares; $0.65 per share for the next 187,500 shares; and $0.85 per share for the next 187,500 shares.
- [F2]Mr. Kenyon's options vest as follows: (i) 1/12th per quarter for each quarter the Issuer's revenue exceeds the previous quarter of revenue since his date of hire, independent of whether the revenue is generated from acquisition or non-acquisition business activities; (ii) 1/12th for each $250,000 in aggregate gross revenue growth from the day he commences work for the Issuer; (iii) at the three year six month anniversary of his employment with the Issuer; and/or (iv) immediately in the event of a Corporate Transaction, as defined in the Issuer's 2004 Stock Option/Stock Issuance Plan.