WELTER MICHEL 4
4 · INTERPLAY ENTERTAINMENT CORP · Filed Jul 9, 2009
Insider Transaction Report
Form 4
WELTER MICHEL
Director
Transactions
- Award
Common Stock Warrants (right to buy)
2009-06-18+999,950→ 1,789,950 totalExercise: $0.07From: 2009-06-18Exp: 2019-06-18→ Common Stock (999,950 underlying) - Award
Non-Qualified Stock Options (right to buy)
2009-06-18+150,000→ 790,000 totalExercise: $0.07From: 2009-06-18Exp: 2019-06-18→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]The option vests in equal amounts annually over the period of five (5) years.
- [F2]150,000 options awarded for serving on the Board of Directors through June 2009.
- [F3]999,950 immediately exercisable warrants awarded instead of cash compensation for directors' fees through September 2009