Howarth Paul 4
4 · Graystone Co · Filed Oct 21, 2011
Insider Transaction Report
Form 4
Graystone CoGYST
Howarth Paul
DirectorCEO10% Owner
Transactions
- Award
Options for Common Stock, Class A
2011-10-07+10,000,000→ 16,000,000 totalExercise: $0.20From: 2012-09-01Exp: 2014-09-01→ Common Stock, Class A (10,000,000 underlying) - Award
Common Stock, Class B
2011-01-20$0.00/sh+700,000$70→ 1,400,000 total(indirect: See Footnote 2) - Award
Common Stock, Class A
2011-10-20$0.00/sh+30,000,000$3,000→ 30,000,000 total(indirect: See Footnote 2) - Award
Common Stock, Class A
2011-10-20$0.00/sh+445,000$45→ 880,000 total
Footnotes (3)
- [F1]All shareholders that owned shares on 10/3/2011 received a dividend that was paid in stock at a rate of 1 shares issued for every share owned.
- [F2]These shareholders are owned by RENARD PROPERTIES, LLC. Paul Howarth is the managing partner and has the power dispose of these shares.
- [F3]Class B Common Stock are entitled to dividends or other distributions (including liquidating distributions) per share, whether in cash, in kind, in stock, or by any other means, equal to the amount per share declared by the Board of Directors of the Corporation for each share of Class A Common Stock. Unless otherwise required by the Delaware General Corporation Law, the Class A Common Stock and the Class B Common Stock shall vote as a single class with respect to all matters submitted to a vote of shareholders of the Corporation. Each holder of Class B Common Stock are entitled to one hundred (100) votes for each share of Class B Common Stock.