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CREATIVE REALITIES, INC. Director's Dealing 2010

Mar 19, 2010

34876_dirs_2010-03-19_ab5b8987-0628-40d2-a6b5-f0c8d822eea8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WIRELESS RONIN TECHNOLOGIES INC (RNIN)
CIK: 0001356093
Period of Report: 2010-03-17

Reporting Person: Schnell William F (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-03-17 Stock Option (right to buy) $2.45 A 20000 Acquired 2020-03-17 Common Stock (20000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 18333 Direct
Common Stock 69622 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $1.61 2013-10-17 Common Stock (20000) 20000 Direct
Stock Option (right to buy) $2.82 2012-12-28 Common Stock (10000) 10000 Direct
Stock Option (right to buy) $4.00 2011-02-27 Common Stock (40000) 40000 Direct
Warrant to Purchase Common Stock $9.00 2010-05-10 Common Stock (5555) 5555 Indirect
Warrant to Purchase Common Stock $9.00 2010-05-26 Common Stock (2777) 2777 Indirect
Warrant to purchase Common Stock $9.00 2010-06-23 Common Stock (2083) 2083 Direct
Warrant to Purchase Common Stock $9.00 2010-11-04 Common Stock (2777) 2777 Indirect

Footnotes

F1: SHAG LLC, a Minnesota limited liability company, is the direct beneficial owner of 69,622 shares of common stock and 11,109 warrants to purchase common stock. Dr. Schnell is a member of SHAG LLC and owns 25% of its membership interests. As a result, the reporting person may be deemed the indirect beneficial owner of such securities.

F2: Granted under the Company's Amended and Restated 2006 Equity Incentive Plan, which meets the requirements of Rule 16b-3.

F3: This option vests in four equal annual installments commencing on March 17, 2011.

F4: This option vests in four equal annual installments commencing on October 17, 2008.

F5: This option vests in four equal annual installments commencing on January 1, 2009.

F6: This option vested to the extent of 10,000 shares on February 2, 2007, and vests to the extent of 10,000 shares upon the reporting person's reelection to the board each year thereafter.