DeFranco Terrence 4
4 · IOTA COMMUNICATIONS, INC. · Filed Jul 24, 2020
Insider Transaction Report
Form 4
DeFranco Terrence
DirectorChief Executive Officer
Transactions
- Award
Stock option (right to buy)
2018-09-05+4,000,000→ 4,000,000 totalExercise: $0.99Exp: 2028-09-05→ Common stock (4,000,000 underlying) - Award
Common stock, par value $0.0001
2018-08-31+350,000→ 1,008,333 total
Footnotes (2)
- [F1]These shares were granted to the Reporting Person for services rendered to the Issuer.
- [F2]These Stock Options were granted to the Reporting Person pursuant the Issuer's 2017 Equity Incentive Plan. The Stock Options vest at a rate of 250,000 shares per quarter over a four-year period, provided that the Reporting Person is employed by the Issuer on each vesting date.