FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
HIPCRICKET, INC. [ HIPP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 08/29/2013 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 09/04/2013 | A | 21,250 | A | (1) | 98,862 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Option | $1 | 08/29/2013 | 09/04/2013 | D | 300,000 | (2) | 06/08/2015 | Common Stock | 300,000 | (3) | 85,000 | D | |||
Incentive Stock Option | $1.23 | 08/29/2013 | 09/04/2013 | D | 6,000 | (4) | 08/30/2015 | Common Stock | 124,141 | (3) | 79,000 | D | |||
Incentive Stock Option | $1.47 | 08/29/2013 | 09/04/2013 | D | 25,000 | (5) | 09/07/2015 | Common Stock | 25,859 | (3) | 54,000 | D | |||
Incentive Stock Option | $1.48 | 08/29/2013 | 09/04/2013 | D | 6,000 | (6) | 08/30/2017 | Common Stock | 6,000 | (3) | 48,000 | D | |||
Incentive Stock Option | $1.64 | 08/29/2013 | 09/04/2013 | D | 6,000 | (7) | 11/29/2016 | Common Stock | 6,000 | (3) | 42,000 | D | |||
Incentive Stock Option | $2.01 | 08/29/2013 | 09/04/2013 | D | 6,000 | (8) | 02/28/2017 | Common Stock | 6,000 | (3) | 36,000 | D | |||
Incentive Stock Option | $2.09 | 08/29/2013 | 09/04/2013 | D | 6,000 | (9) | 05/30/2017 | Common Stock | 6,000 | (3) | 30,000 | D | |||
Incentive Stock Option | $2.54 | 08/29/2013 | 09/04/2013 | D | 6,000 | (10) | 11/29/2015 | Common Stock | 6,000 | (3) | 24,000 | D | |||
Incentive Stock Option | $2.7 | 08/29/2013 | 09/04/2013 | D | 6,000 | (11) | 05/30/2016 | Common Stock | 6,000 | (3) | 18,000 | D | |||
Incentive Stock Option | $3.12 | 08/29/2013 | 09/04/2013 | D | 6,000 | (12) | 08/30/2016 | Common Stock | 6,000 | (3) | 12,000 | D | |||
Incentive Stock Option | $3.9 | 08/29/2013 | 09/04/2013 | D | 6,000 | (13) | 02/27/2016 | Common Stock | 6,000 | (3) | 6,000 | D | |||
Non-Qualified Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 150,000 | (14) | 06/08/2015 | Common Stock | 150,000 | (3) | 156,000 | D | |||
Incentive Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 3,000 | (14) | 08/30/2015 | Common Stock | 3,000 | (3) | 159,000 | D | |||
Incentive Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 8,334 | (14) | 09/07/2015 | Common Stock | 8,334 | (3) | 167,334 | D | |||
Incentive Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 2,000 | (14) | 08/30/2017 | Common Stock | 2,000 | (3) | 169,334 | D | |||
Incentive Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 2,000 | (14) | 11/29/2016 | Common Stock | 2,000 | (3) | 171,334 | D | |||
Incentive Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 1,500 | (14) | 02/28/2017 | Common Stock | 1,500 | (3) | 172,834 | D | |||
Incentive Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 1,500 | (14) | 05/30/2017 | Common Stock | 1,500 | (3) | 174,334 | D | |||
Incentive Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 1,000 | (14) | 11/29/2015 | Common Stock | 1,000 | (3) | 175,334 | D | |||
Incentive Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 1,000 | (14) | 05/30/2016 | Common Stock | 1,000 | (3) | 176,334 | D | |||
Incentive Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 858 | (14) | 08/30/2016 | Common Stock | 858 | (3) | 177,192 | D | |||
Incentive Stock Option | $0.42 | 08/29/2013 | 09/04/2013 | A | 600 | (14) | 02/27/2016 | Common Stock | 600 | (3) | 177,792 | D |
Explanation of Responses: |
1. The shares were granted as quarterly compensation for services performed as a director of the Company. |
2. Granted on 06/08/10 pursuant to a Stock Option Agreement dated June 8, 2010 in consideration for the reporting person's services to the issuer, all vested as of date of cancellation. |
3. On 08/29/2013, the issuer canceled, pursuant to the issuer's option exchange offer, options granted to the reporting person. In exchange the reporting person received replacement options, having an exercise price of $0.42 per share. |
4. Granted on 08/31/10 pursuant to the Company's 2010 Incentive Stock Option Plan (the "Plan") and vest 1/36th per month from original grant date. |
5. Granted on 09/07/10 pursuant to the Plan and vest 1/36th per month from original grant date. |
6. Granted on 08/31/12 pursuant to the Plan and vest 1/36th per month from original grant date. |
7. Granted on 11/30/11 pursuant to the Plan and vest 1/36th per month from original grant date. |
8. Granted on 2/29/12 pursuant to the Plan and vest 1/36th per month from original grant date. |
9. Granted on 05/31/12 pursuant to the Plan and vest 1/36th per month from original grant date. |
10. Granted on 11/30/10 pursuant to the Plan and vest 1/36th per month from original grant date. |
11. Granted on 05/31/11 pursuant to the Plan and vest 1/36th per month from original grant date. |
12. Granted on 08/31/11 pursuant to the Plan and vest 1/36th per month from original grant date. |
13. Granted on 02/28/11 pursuant to the Plan and vest 1/36th per month from original grant date. |
14. Replacement options retain vesting schedule of original options per the terms of the option exchange offer. |
/s/ Todd Wilson | 09/09/2013 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |