Lim Teong 4
4 · Electronic Sensor Technology, Inc · Filed Mar 6, 2007
Insider Transaction Report
Form 4
Lim Teong
DirectorPresident and CEO
Transactions
- Award
Stock Option (right to buy)
2007-03-05+40,000→ 40,000 totalExercise: $0.19From: 2007-03-05Exp: 2017-03-05→ Common Stock (40,000 underlying)
Holdings
- 100,000
Stock Option (right to buy)
Exercise: $0.24Exp: 2017-01-16→ Common Stock (100,000 underlying) - 438,796(indirect: By LLC)
Warrant (right to buy)
Exercise: $1.00From: 2005-02-01Exp: 2010-02-01→ Common Stock (438,796 underlying) - 4,729,112(indirect: By LLC)
Common Stock
- 80,000
Stock Option (right to buy)
Exercise: $1.00From: 2005-02-01Exp: 2015-02-01→ Common Stock (80,000 underlying)
Footnotes (3)
- [F1]Dr. Lim is the sole member of TC Lim, LLC.
- [F2]Such warrant is only exercisable if the trading price of the Common Stock of the issuer is at least $1.50 per share.
- [F3]The options granted to Dr. Lim will vest as follows: one quarter of the options shares will vest on January 16, 2008, one quarter on January 16, 2009, one quarter on January 16, 2010 and one quarter on January 16, 2011.