HIPCRICKET, INC. | 2013 | FY | 3


The summary of activity for Augme’s warrants is presented below:

 

   

Number of

Warrants

   

Weighted

Average

Exercise Price

   

Average

Remaining

Contractual

Term

(In Years)

 
                   
Warrants outstanding at February 28, 2010     5,663,011     $ 1.60       1.67  
Granted     11,762,087       2.70          
Exercised     (4,943,939 )     0.93          
Forfeited, cancelled and expired     (1,800,178 )     1.37          
Warrants outstanding at February 28, 2011     10,680,981       1.63       1.87  
Granted     2,177,724       2.58          
Exercised     (1,833,920 )     1.17          
Forfeited, cancelled and expired     (237,144 )     3.90          
Warrants outstanding at February 29, 2012     10,787,641       1.86       2.80  
Granted     10,222,330       0.82          
Exercised     (1,000,000 )     1.00          
Forfeited, cancelled and expired     (838,867 )     2.48          
Warrants outstanding at February 28, 2013     19,171,104       1.32       3.53  
                         
Warrants exercisable and outstanding at February 28, 2013     18,346,103     $ 1.32       3.49  

 


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