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WIDEPOINT CORP — Director's Dealing 2012
Jan 5, 2012
34608_dirs_2012-01-05_4648a916-3250-484a-9008-45030f0ad8a4.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: 2012-01-03
Reporting Person: MANSOURI MICHAEL (CEO-WidePoint Solutions Corp.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-01-03 | Option to Buy | $0.69 | A | 100000 | Acquired | 2018-01-03 | Common Stock (100000) | Direct |
Footnotes
F1: The options will fully vest after 5 years on January 3, 2017 and include an acceleration feature that allows early vesting of 1/3 of the options upon achievement of certain 2012 financial targets and early vesting of the remaining 2/3 of the options upon achievement of certain 2013 financial targets.
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