Quest Minerals & Mining Corp 4
4 · Quest Minerals & Mining Corp · Filed Dec 13, 2006
Insider Transaction Report
Form 4
Quest Minerals & Mining CorpQMMG.OB
CHIARAMONTE EUGENE JR
DirectorPresident and Chief Executive10% Owner
Transactions
- Sale
Common Stock
2006-12-06$0.01/sh−200,000$1,420→ 6,945,000 total
Holdings
- 5,000,000
Stock Option
Exercise: $0.05From: 2006-05-18Exp: 2011-05-18→ Common (5,000,000 underlying)
Footnotes (2)
- [F1]Transaction executed pursuant to an approved selling plan established under SEC rule 10b5-1.
- [F2]Of the 5,000,000 options granted to Mr. Chiaramonte, the options vest as follows: (i) options to purchase up to 2,000,000 shares vested immediately, (ii) options to purchase up to 2,000,000 shares will vest upon Quest's receipt of an aggregate of $1,000,000 in cash or cash equivalents in its accounts, and (iii) options to purchase up to 1,000,000 shares will vest six months after the date of the employment agreement.