0001204348-16-000006.txt : 20160201 0001204348-16-000006.hdr.sgml : 20160201 20160201171824 ACCESSION NUMBER: 0001204348-16-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160129 FILED AS OF DATE: 20160201 DATE AS OF CHANGE: 20160201 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRANS WORLD CORP CENTRAL INDEX KEY: 0000914577 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] IRS NUMBER: 133738518 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 545 FIFTH AVE STREET 2: STE 940 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2129833355 MAIL ADDRESS: STREET 1: 545 FIFTH AVE STREET 2: STE 940 CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TRANS WORLD GAMING CORP DATE OF NAME CHANGE: 19941027 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RAMADAN RAMI S CENTRAL INDEX KEY: 0001204347 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25244 FILM NUMBER: 161378249 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2016-01-29 0 0000914577 TRANS WORLD CORP twoc 0001204347 RAMADAN RAMI S C/O TRANS WORLD CORPORATION 545 FIFTH AVENUE, SUITE 940 NEW YORK NY 10017 0 1 0 0 CEO Options 2.59 2016-01-29 2016-01-29 4 P 0 75000 2.59 A 2016-01-29 2021-01-29 Common Stock 75000 350000 D On January 29, 2106, the Compensation Committee of the Board of Directors granted to Mr. Ramadan, five-year options to buy 75,000 shares of the Company's Common Stock. These options will vest in four equal parts, with the first portion of 18,750 to be vested on the date of grant, followed by annual vesting of 18,750 options upon reaching each anniversary date. The exercise price is set at the market closing price on the date of grant, which is $2.59, and will escalate at each anniversary date by 4.0% to $2.69 on the first anniversary, and so on. Hung Le 2016-02-01