Sievert Chet Jr 4
4 · SPECTRASCIENCE INC · Filed Mar 8, 2011
Insider Transaction Report
Form 4
SPECTRASCIENCE INCSCIE.OB
Sievert Chet Jr
Director
Transactions
- Award
Stock Option (Right to Buy)
2011-02-25+600,000→ 600,000 totalExercise: $0.11Exp: 2021-02-24→ Common Stock (600,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-02-25−400,000→ 0 totalExercise: $0.38Exp: 2018-11-06→ Common Stock (400,000 underlying)
Holdings
- 105,000
Common Stock
- 300,000
Stock Option (Right to Buy)
Exercise: $0.15From: 2004-08-03Exp: 2014-07-25→ Common Stock (300,000 underlying)
Footnotes (3)
- [F1]133,333 shares vest on each of 11/7/2009 and 11/7/2010 and 133,334 shares vest on 11/7/2011.
- [F2]1/4 of the shares subject to the option vest and become exercisable on February 25, 2011, and 1/36 of the shares subject to the option vest and become exercisable at the end of each monthly period thereafter.
- [F3]The reporting person agreed to cancellation of options to purchase 400,000 shares to him on February 25, 2011, in exchange for new options to purchase 600,000 shares having a lower exercise price.