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