Filing Details

Accession Number:
0001140361-12-020542
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-04-16 13:00:00
Reporting Period:
2012-04-12
Filing Date:
2012-04-16
Accepted Time:
2012-04-16 16:17:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1034760 Widepoint Corp WYY Services-Computer Integrated Systems Design (7373) 522040275
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1538704 Michael Mansouri 8909 Harvest Square Drive
Potomac MD 20854
Ceo-Widepoint Solutions Corp. No 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 Explanation
Common Stock Acquisiton 2012-04-12 39,372 $0.89 43,367 No 4 P Direct
Common Stock Acquisiton 2012-04-13 230 $0.88 43,597 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Option to Buy $0.69 2013-01-03 2018-01-03 100,000 100,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-01-03 100,000 100,000 Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.87 to $0.91, inclusive. The reporting person undertakes to provide to WidePoint Corporation, any security holder of WidePoint Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
  2. 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.