Townsen F. Duwaine 4
4 · SPECTRASCIENCE INC · Filed Mar 15, 2011
Insider Transaction Report
Form 4
SPECTRASCIENCE INCSCIE.OB
Townsen F. Duwaine
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-02-25−133,333→ 0 totalExercise: $0.27From: 2011-07-20Exp: 2019-07-19→ Common Stock (133,333 underlying) - Award
Stock Option (Right to Buy)
2011-02-25+500,000→ 500,000 totalExercise: $0.11Exp: 2021-02-24→ Common Stock (500,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-02-25−133,333→ 0 totalExercise: $0.27From: 2010-07-20Exp: 2019-07-19→ Common Stock (133,333 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-02-25−133,334→ 0 totalExercise: $0.27From: 2012-07-20Exp: 2019-07-19→ Common Stock (133,334 underlying)
Footnotes (3)
- [F1]Non-qualified options granted under Amended 2001 Stock Option Plan exempt under Section 16b-3
- [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 500,000 shares having a lower exercise price.