TOWERSTREAM CORP | 2013 | FY | 3


   

Number of

Warrants

   

Weighted

Average

Exercise

Price

 

Outstanding as of January 1, 2011

    4,332,310     $ 4.61  

Granted during 2011

    450,000     $ 5.00  

Exercised

    (6,000 )   $ 4.50  

Forfeited /expired

    -     $ -  

Outstanding as of December 31, 2011

    4,776,310     $ 4.65  

Forfeited /expired

    (4,326,310 )   $ 4.61  

Outstanding as of December 31, 2012

    450,000     $ 5.00  

Outstanding as of December 31, 2013

    450,000     $ 5.00  

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