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WIDEPOINT CORP — Director's Dealing 2009
May 13, 2009
34608_dirs_2009-05-13_8c3c274a-f44c-42b1-9b74-eefa8d592a6f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WIDEPOINT CORP (WYY)
CIK: 0001034760
Period of Report: 2009-05-11
Reporting Person: Taubman Morton S (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-05-11 | Option to Purchase | $.54 | A | 50000 | Acquired | 2016-03-10 | Common Stock (50000) | Direct |
| 2009-05-11 | Option to Purchase | $2.70 | D | 50000 | Disposed | 2016-03-10 | Common Stock (50000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option to Purchase | $2.70 | 2016-03-10 | Common Stock (12000) | 12000 | Direct |
Footnotes
F1: This option becomes exercisable to the extent of two-thirds of the shares underlying the option on the above date of grant
and is cumulatively exercisable to the extent of one-sixth of the shares underlying the option each year thereafter.
F2: This option is fully exercisable.
F3: The reporting person agreed to cancellation of an option granted to him on March 10, 2006, in exchange for a new option
having a lower exercise price.
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