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Home > Insider Trading > Filing (0001053374-15-000023)

Filing Details

Accession Number:: 0001053374-15-000023
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-02-26 11:55:37
Reporting Period:: 2015-02-23

Filing Date:: 2015-02-26
Accepted Time:: 2015-02-26 11:55:37
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1053374	Ipass Inc	IPAS	Services-Computer Processing & Data Preparation (7374)	931214598

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1527582	Patricia Hume	C/O Ipass Inc. 3800 Bridge Parkway Redwood Shores CA 94065	Chief Commercial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2015-02-23	200,000	$0.00	200,000	No	4	A	Direct
Common Stock	Acquisiton	2015-02-23	10,000	$0.92	210,000	No	4	P	Direct

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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Acquisiton	2015-02-23	400,000	$0.00	400,000	$0.90

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
400,000		2015-02-23	No	4	A	Direct

Footnotes

Shares are subject to a right of repurchase in the event certain performance metrics are not met.
Twenty-five percent (25%) of the Option vests on February 23, 2016; the balance of the Option vests in a series of thirty-six (36) successive equal monthly installments thereafter.