0001437749-14-021945.txt : 20141211 0001437749-14-021945.hdr.sgml : 20141211 20141210180338 ACCESSION NUMBER: 0001437749-14-021945 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20141204 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20141211 DATE AS OF CHANGE: 20141210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: hopTo Inc. CENTRAL INDEX KEY: 0001021435 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 133899021 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21683 FILM NUMBER: 141279099 BUSINESS ADDRESS: STREET 1: 1901 S. BASCOM AVENUE STREET 2: SUITE 660 CITY: CAMPBELL STATE: CA ZIP: 95008 BUSINESS PHONE: 8004727466 MAIL ADDRESS: STREET 1: 1901 S. BASCOM AVENUE STREET 2: SUITE 660 CITY: CAMPBELL STATE: CA ZIP: 95008 FORMER COMPANY: FORMER CONFORMED NAME: GRAPHON CORP/DE DATE OF NAME CHANGE: 19990727 FORMER COMPANY: FORMER CONFORMED NAME: UNITY FIRST ACQUISITION CORP DATE OF NAME CHANGE: 19960823 8-K 1 hpto20141210_8k.htm FORM 8-K hpto20141210_8k.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

__________________

 

FORM 8-K

 

_________________

 

Current Report

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): December 4, 2014

 

_________________

 

 

 

HOPTO INC.

(Exact Name of Registrant as Specified in Charter)

 

_________________

 

 

         

Delaware

 

0-21683

 

13-3899021

(State or Other Jurisdiction

of Incorporation)

 

Commission File Number

 

(IRS Employer

Identification No.)

 

     

1919 S. Bascom Avenue, Suite 600

Campbell, CA

 

95008

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (800) 472-7466

 

_________________

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

[ ]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

 

 
 

 

 

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

   
   

(e)  On December 3, 2014, the board of directors the ("Board") of hopTo Inc. (the "Company") voted to grant employee stock options to purchase 1,000,000 shares of the common stock of the Company ("Options") to the Company's Chief Executive Officer and President, Eldad Eilam, at an exercise price equal to the opening price ($0.169) of the Company's common stock on December 4, 2014. The Options are subject to seven-year cliff vesting however, the Board may accelerate vesting of some or all of the Options annually based on criteria to be determined by the Board from time to time in its discretion. The Options expire on December 3, 2024.

 

John Cronin

The Board also voted to amend the Options granted to director John Cronin on December 20, 2012 by reducing their exercise price, which was $0.37 per share, to the opening price of the Company's common stock on December 4, 2014 ($0.169). All other terms of Mr. Cronin's options, including vesting and expiration, remain unchanged.

 

 

 
 

 

 


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  

  

  

  

  

  

 

hopTo Inc.

  

  

  

  

  

  

Dated: December 10, 2014

 

By:

 

/s/ Jean-Louis Casabonne

  

 

  

 

Jean-Louis Casabonne

  

 

  

 

Chief Financial Officer, Secretary