LAMOUREUX ANNIE 4
4 · Oilsands Quest Inc · Filed Jul 14, 2011
Insider Transaction Report
Form 4
LAMOUREUX ANNIE
Vice President and Controller
Transactions
- Award
Stock Options (right to buy)
2011-07-08+100,000→ 100,000 totalExercise: $0.29Exp: 2016-07-08→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]These options were granted pursuant to the Company's 2006 Stock Option Plan on July 8, 2011. The options vest either (i) 25% immediately and 25% each year for three years after the date of grant (July 8, 2012, July 8, 2013, and July 8, 2014) provided Ms. Lamoureux is an employee of the Company; 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).