NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

Well , the 'D' is for 'Direct' ...

... and that is the logical choice between Direct and Indirect in that box.

But the -0- in that box says no derivative securities (options) were owned following the transaction ... so what does that mean is the question IMO.

I still can't figure out where the 20MM comes from.

He could have been awarded 5MM per the Initial Option at the end of 2007 and 5MM per the Bonus Option at the end of 2007.

Then he could have been awarded half of the remaining balance of 15MM Initial Option shares upon leaving , for another 7.5MM.

That adds up to 17.5MM options.

Am I missing something? These guys usually aren't guilty of 'bad math' lol.

At least we learned what the options strike prices were , as I don't think that number was included in the original employment agreement.

Those options had strike prices at .035, so at least Yorkville wasn't giving millions of 'cheap options' as CH would have to
have gotten the PPS up 10X higher than where it is today to begin seeing green from an options conversion.

It's amazing that a simple Form 4 has to have ambiguity in it.

Why N/A in relevant categories like Exercisable Date and Expiration Date? I imagine that someone knows what N/A in those boxes implies.

Why Transaction Code: J ?

J = Other acquisition or disposition (see above description of transaction).

Above description? The 'above description' doesn't quite spell it out to the average layperson IMO.

Options Awards usually say 'Option Award' .... not 'Other'.

'Expirations' usually say 'Expiration'.

I just think this filing is ambiguous. In the big picture it probably doesn't matter as whether it's 20MM or 17.5MM or expired or awarded isn't going to affect our share price going forward LOL.

But in the interest of clarity it would be nice if it was , well , clear ;)

jonesie