New Western Energy Corp 4
4 · New Western Energy Corp · Filed Oct 23, 2013
Insider Transaction Report
Form 4
CARROLL TERRY L
Director
Transactions
- Award
Options to purchase Common Stock
2013-09-03+200,000→ 400,000 totalExercise: $0.20→ Common Stock (200,000 underlying) - Award
Options to purchase Common Stock
2013-08-01+200,000→ 200,000 totalExercise: $0.20→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Options granted on August 1, 2013 at an exercise price of $0.20 per share, in exchange for options granted on October 31, 2012 at an exercise price of $0.60 per share. The options vest immediately and expire three years from the date of grant. The exchange options were granted under the Issuers 2012 Stock Incentive Plan. The options granted on October 31, 2012 were cancelled.
- [F2]Each option to purchase Common Stock of the Issuer vests upon grant and expires three years from date of grant. The options were granted under the Issuers 2013 Long-Term Incentive Plan.