William Wildman - 13 Jun 2019 Form 3 Insider Report for NOBLE ROMANS INC (NROM)

Role: Director
Signature: /s/ William Wildman
Issuer symbol: NROM
Transactions as of: 13 Jun 2019
Net transactions value: $0
Form type: 3
Filing time: 10 Jun 2022, 11:37:04 UTC
Next filing: 10 Jun 2022
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	NROM	Non-Qualified Stock Option							13 Jun 2019	Common Stock	35,000	$0.6000	Direct	F1
holding	NROM	Warrant							13 Jun 2019	Common Stock	125,000	$1.00	See footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vests on the earlier of (i) one-third on the first anniversary of the grant date, one-third on the second anniversary of the grant date and one-third on the third anniversary of the grant date; or (ii) 25% when the closing price of the Common Stock reaches $2.00 per share, 25% when the closing price of the Common Stock reaches $3.00 per share and the balance when the closing price of the Common Stock reaches $4.00 per share.
F2	Held by Pinnacle Commercial Capital, LLC. The Reporting Person is the sole member, President and Chief Executive Officer of Pinnacle.

Content

Vests on the earlier of (i) one-third on the first anniversary of the grant date, one-third on the second anniversary of the grant date and one-third on the third anniversary of the grant date; or (ii) 25% when the closing price of the Common Stock reaches $2.00 per share, 25% when the closing price of the Common Stock reaches $3.00 per share and the balance when the closing price of the Common Stock reaches $4.00 per share.

Held by Pinnacle Commercial Capital, LLC. The Reporting Person is the sole member, President and Chief Executive Officer of Pinnacle.