4//SEC Filing
TOWERSTREAM CORP 4
Accession 0001437749-15-011599
CIK 0001349437operating
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 9:00 PM ET
Size
9.9 KB
Accession
0001437749-15-011599
Insider Transaction Report
Form 4
TOWERSTREAM CORPTWER
Haronian Howard L
Director
Transactions
- Award
Non-Qualified Stock Option
2015-06-01+50,000→ 50,000 totalExercise: $2.07Exp: 2025-05-31→ Common Stock (50,000 underlying) - Exercise of In-Money
Common Stock, par value $0.001 per share
2015-05-28+5,673→ 1,054,196 total - Exercise of In-Money
Non-Qualified Stock Option
2015-05-28−50,000→ 50,000 totalExercise: $1.80From: 2010-06-01Exp: 2015-05-31→ Common Stock (50,000 underlying)
Holdings
- 10,000(indirect: By Spouse)
Common Stock, par value $0.001 per share
Footnotes (3)
- [F1]The Reporting Person held 50,000 options which were scheduled to expire on May 31, 2015. The Reporting Person elected to exercise the options on a cashless basis which means that 44,327 shares were retained by the Company as payment for the cost to exercise the options. The Reporting Person did not directly sell any shares of common stock. The Reporting Person continues to hold the 5,673 shares received.
- [F2]Reflects amount of common stock held by the reporting person's spouse.
- [F3]Options granted under the registrant's 2008 Non-Employee Directors Compensation Plan. The options vest ratably over a one year period commencing on the grant date.
Documents
Issuer
TOWERSTREAM CORP
CIK 0001349437
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001349437
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 9:00 PM ET
- Size
- 9.9 KB