Richards Mark 4
4 · PERVASIP CORP · Filed Apr 21, 2011
Insider Transaction Report
Form 4
PERVASIP CORPPVSP
Richards Mark
Other
Transactions
- Award
Common Stock
2011-04-21$0.10/sh+400,000$40,000→ 1,540,000 totalExercise: $0.10From: 2011-04-21Exp: 2021-04-21→ Common Stock (400,000 underlying) - Award
Common Stock
2011-04-21$0.10/sh+200,000$20,000→ 801,000 total
Footnotes (1)
- [F1]1. Also owns options of 50,000 shares which were exercisable on 10/09/2010, 50,000 are exercisable on 10/09/2011 and 50,000 on 10/09/2012 at $1.50 Also owns contingent options to purchase 236,805 shares of common stock at $3.00 a share. The contingent options vest on the date at which either (a) the company attains positive cash flow from operations for 3 consecutive months or (b) the company is sold