O'Donoghue Paul K 4
4 · Oilsands Quest Inc · Filed Apr 13, 2009
Insider Transaction Report
Form 4
O'Donoghue Paul K
VP Inv Relations/Corp. Plan'g
Transactions
- Award
Stock Option
2009-04-09+200,000→ 700,000 totalExercise: $0.98Exp: 2018-12-09→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]Mr. O'Donoghue was granted 200,000 options pursuant to the Company's 2006 Stock Option Plan on April 9, 2009. The options vest either (i) 25% immediately, 25% on June 9, 2009, 25% on December 9, 2009 and 25% on June 9, 2010; or (ii) 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).