InsPro Technologies Corp | 2013 | FY | 3


         
Weighted
 
   
Common
   
Average
 
   
Stock
   
Exercise
 
   
Warrants
   
Price
 
             
Outstanding and exercisable at December 31, 2011
    91,987,344       0.24  
                 
For the year ended December 31, 2012
               
Granted
    4,999,990       0.15  
Exercised
    -       -  
Expired
    (4,966,887 )     1.51  
Outstanding and exercisable at December 31, 2012
    92,020,447     $ 0.17  
                 
For the year ended December 31, 2012
               
Granted
    5,120,000       0.15  
Exercised
    -       -  
Expired
    (25,000,000 )     0.20  
Outstanding and exercisable at December 31, 2013
    72,140,447     $ 0.15  

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