Home > Insider Trading > Filing (0001078782-13-000222)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1379699	Digital Development Group Corp	DIDG	Miscellaneous Metal Ores (1090)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1007794	W Martin Greenwald	C/O Image Entertainment, Inc. 20525 Nordhoff Street, Suite 200 Chatsworth CA 91311	Ceo/Interim Cfo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2013-01-21	300,000	$0.00	5,800,000	No	4	A	Direct
Common Stock	Disposition	2013-01-25	145,000	$0.07	5,655,000	No	4	S	Direct
Common Stock	Acquisiton	2013-01-28	300,000	$0.00	5,955,000	No	4	A	Direct
Common Stock	Disposition	2013-01-28	25,000	$0.08	5,930,000	No	4	S	Direct
Common Stock	Disposition	2013-01-28	87,900	$0.11	5,842,100	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	S	Direct
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Options	Disposition	2013-01-30	1,000,000	$0.00	1,000,000	$0.45
Common Stock	Stock Options	Acquisiton	2013-01-30	1,000,000	$0.00	1,000,000	$0.11

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,000,000			No	4	D	Direct
1,000,000			No	4	A	Direct

Footnotes

The shares were granted to the Reporting Person under the terms of the Company's 2013 Equity Incentive Plan as payment for compensation under the terms of the employment agreement with the Reporting Person. The shares were approved by the Board of Directors of the Company as required by Rule 16b-3(d).
The stock options were granted to the reporting person on September 14, 2012. On January 30, 2013, these options were re-priced to an exercise price of $0.11.
The stock options (i) vest quarterly over a period of one year from September 14, 2012, subject to the continued employment of the officer with the Company, and vest immediately upon a change of control of the Company; (ii) have a 10 year term (or 90 days after termination of employment); and (iii) allow the Reporting Person to cashless exercise the options.