ANDREA DOUGLAS J

PrivateCIK: 1336287

Location

BOHEMIA, NY

ANDREA DOUGLAS J (President & CEO) exercised options at ANDREA ELECTRONICS CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

ANDREA DOUGLAS J

Filed: 8/3/2018ACC: 0001206774-18-002277

InsiderANDREA DOUGLAS JCIK 1336287

→

IssuerANDREA ELECTRONICS CORPCIK 6494

DirectorOfficer· President & CEO

Since Aug 2018

0.00

Net shares

Net seller

$75.0K

Total acquired

0

Open market trades

0B · 0S

2

Total transactions

1.88M acquired · 1.88M disposed

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

Shares

+1.88M

Price / share

$0.04

Trade value

$75K

% of position

544.0%

8/1/2018

344.70K→2.22M

Total

Net shares

+1.88M

Net value

$75K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/1/2018	M · Option Exercise	+1.88M	$0.04	$75K	544.0%	344.70K	2.22M
Total			+1.88M		$75K

Derivative Transactions1

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.88M shares

Shares

−1.88M

Strike price

0.04

Held after

125K

Exercisable

—

8/1/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (right to buy) Direct	Common Stock1.88M shares	8/1/2018	M · Option Exercise	−1.88M	0.04	—	125K

Non-Derivative Holdings (Post-Transaction)2

Common Stock

Indirect

Shares owned3.88K

Common Stock

Indirect

Shares owned12.44K

Total

16.31K indirect16.31K

Security Title	Shares Owned	Ownership Type
Common Stock	3.88K	Indirect
Common Stock	12.44K	Indirect
Total	16.31K	16.31K indirect

Derivative Holdings (Post-Transaction)6

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

1M

Shares owned

1M

Exercise price

0.11

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

500K

Shares owned

500K

Exercise price

0.06

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

1M

Shares owned

1M

Exercise price

0.04

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

1M

Shares owned

1M

Exercise price

0.13

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

1.40M

Shares owned

1.40M

Exercise price

0.05

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

500K

Shares owned

500K

Exercise price

0.1

Expiration

—

Exercise window

—

Total

Underlying

5.40M

Owned

5.40M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Option (right to buy) Direct	Common Stock	0.11	—	—	1M	1M
Stock Option (right to buy) Direct	Common Stock	0.06	—	—	500K	500K
Stock Option (right to buy) Direct	Common Stock	0.04	—	—	1M	1M
Stock Option (right to buy) Direct	Common Stock	0.13	—	—	1M	1M
Employee Stock Option (right to buy) Direct	Common Stock	0.05	—	—	1.40M	1.40M
Stock Option (right to buy) Direct	Common Stock	0.1	—	—	500K	500K
Total					5.40M	5.40M

ANDREA DOUGLAS J — Insider Transaction (Form 4) Filed Aug 3, 2018 | Finecho