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WIDEPOINT CORP — Director's Dealing 2013
Dec 5, 2013
34608_dirs_2013-12-05_cc30590b-f4d9-442d-a51b-c5302eba0045.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: 2013-12-03
Reporting Person: MANSOURI MICHAEL (CEO-WidePoint Solutions Corp.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-12-03 | Common Stock | P | 10000 | $1.07 | Acquired | 78297 | Direct |
| 2013-12-03 | Common Stock | P | 10800 | $1.08 | Acquired | 89097 | Direct |
| 2013-12-03 | Common Stock | P | 7900 | $1.09 | Acquired | 96997 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option to Buy | $0.69 | 2018-01-03 | Common Stock (100000) | 100000 | Direct |
| Option to Buy | $0.46 | 2020-01-30 | Common Stock (100000) | 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.
F2: The options will vest 100% on October 31, 2019 provided that Mr. Mansouri remains an employee. The vesting of the options may be accelerated to January 30, 2014 if Mr. Mansouri achieves 110% of his sales goals for 2013.