UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
 

 
 
December 15, 2010
 
Date of Report (date of earliest event reported)
 
NOTIFY TECHNOLOGY CORPORATION
(Exact name of Registrant as specified in its charter)
 

 
California
 
000-23025
 
77-0382248
(State or other jurisdiction of
incorporation)
(Commission File Number)
(I.R.S. Employer
Identification Number)
 
 
1054 S. De Anza Blvd., Suite 202,
San Jose, CA 95129
 
(Address of principal executive offices, including zip code)
 

 
 
(408) 777-7920
 
(Registrant’s telephone number, including area code)
 
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
 
 

 
 
Section 5 – Corporate Governance and Management
 
Item 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 15, 2010, our Board of Directors approved the following grants of incentive stock options under our 2008 Equity Incentive Plan to our principal executive officer, principal financial officer and another named executive officer.  The shares subject to each of these options will vest and become exercisable as to 1/36th of the shares subject to the option at the end of each successive month following the date of grant, subject to the optionee continuing to be a service provider as of each such date.  The exercise price for each share subject to these options was set at $0.25, the closing price of our common stock as quoted on the Over-the-Counter Bulletin Board on the last trading day immediately preceding the date of grant.  These options terminate ten years after the date of grant.

Name
Number of Option
Shares
Paul F. DePond
200,000
Rhonda Chicone
100,000
Gerald W. Rice
100,000
 
 
 

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
 
   
       
Date:  January 24, 2011 
By:
/s/ Gerald W. Rice  
   
Gerald W. Rice
 
    Chief Financial Officer