Oilsands Quest Inc 4
4 · Oilsands Quest Inc · Filed Feb 24, 2009
Insider Transaction Report
Form 4
WONG GARTH
Chief Financial Officer
Transactions
- Award
Employee Stock Options
2009-02-23+500,000→ 500,000 totalExercise: $0.71Exp: 2019-02-23→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]Mr. Wong was granted 500,000 options pursuant to the Company's 2006 Stock Option Plan on February 23, 2009. The options vest either: (A) 25% immediately and 25% each year for three years after the date of grant (February 23, 2010, February 23, 2011, February 23, 2012); or (B) 100% vesting upon a merger, acquisition, sale or a change in control. This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(d).