GRITZ CECIL D 4
4 · GALAXY ENERGY CORP · Filed Dec 13, 2004
Insider Transaction Report
Form 4
GRITZ CECIL D
Director
Transactions
- Award
Option to Buy
2004-12-02+100,000→ 100,000 totalExercise: $1.34Exp: 2014-12-02→ Common Stock (100,000 underlying)
Holdings
- 625,000
Option to Buy
Exercise: $2.64→ Common Stock (625,000 underlying)
Footnotes (2)
- [F1]Options granted under the Issuer's 2003 Stock Option Plan. 31,250 options will vest quarterly beginning 4/6/04. These options are exercisable for a period of 10 years from the date of grant.
- [F2]Options granted under the Issuer's 2003 Stock Option Plan. 5,000 options will vest quarterly beginning 12/2/04.