Ching Paul David 4
4 · Oilsands Quest Inc · Filed Jan 11, 2010
Insider Transaction Report
Form 4
Ching Paul David
Director
Transactions
- Award
Stock Option
2010-01-07+150,000→ 150,000 totalExercise: $1.20Exp: 2020-01-07→ Common Stock (150,000 underlying)
Footnotes (1)
- [F1]Mr. Ching was granted 150,000 options pursuant to the Company's 2006 Stock Option Plan on January 7, 2010. These options vest either: (A) 25% immediately and 25% each year for three years after the date of grant (January 7, 2011, January 7, 2012, January 7, 2013); 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).