CACHET FINANCIAL SOLUTIONS, INC. 4
4 · CACHET FINANCIAL SOLUTIONS, INC. · Filed Dec 17, 2014
Insider Transaction Report
Form 4
McAreavey Darin P
EVP and CFO
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2014-12-15−110,000→ 0 totalExercise: $4.00Exp: 2019-04-03→ Common Stock (110,000 underlying) - Award
Stock Option (right to buy)
2014-12-15+170,000→ 170,000 totalExercise: $1.50Exp: 2024-12-15→ Common Stock (170,000 underlying) - Award
Stock Option (right to buy)
2014-12-15+110,000→ 110,000 totalExercise: $1.50Exp: 2019-04-03→ Common Stock (110,000 underlying)
Footnotes (2)
- [F1]The two reported transactions involved an amendment of an outstanding stock option, resulting in the deemed cancellation of the "old" stock option and the grant of a replacement stock option. This stock option is exercisable as follows: 36,666 shares vested on April 3, 2014, 36,667 shares vest on each of April 3, 2015 and April 3, 2016.
- [F2]This stock option vests in two equal annual installments on December 15, 2014 and 2015.