Blakely Ronald 4
4 · Oilsands Quest Inc · Filed Sep 8, 2009
Insider Transaction Report
Form 4
Blakely Ronald
Director
Transactions
- Award
Stock Option
2009-09-03+125,000→ 125,000 totalExercise: $0.91Exp: 2019-09-03→ Common Stock (125,000 underlying)
Footnotes (1)
- [F1]These options were granted pursuant to the Oilsands Quest Inc. 2006 Stock Option Plan on September 3, 2009. The options vest either (i) 100% upon attainment by the Company of certain performance goals by May 31, 2012 or such options will be cancelled; or (ii) 100% upon a merger, acquisition, sale or a change in control. This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(d).