Ching Paul David 4
4 · Oilsands Quest Inc · Filed May 18, 2010
Insider Transaction Report
Form 4
Ching Paul David
Director
Transactions
- Award
Stock Option
2010-05-14+60,000→ 60,000 totalExercise: $0.80Exp: 2015-05-04→ Common Stock (60,000 underlying)
Footnotes (1)
- [F1]These options were issued pursuant to the Company's 2006 Stock Option Plan on May 14, 2010. These options vest either: (A) 25% immediately and 25% each year for three years after the date of grant (May 14, 2011, May 14, 2012, May 14, 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).