SHERBORNE JOHN ELLIOTT JR 4
4 · GEOVIC MINING CORP. · Filed Jan 13, 2010
Insider Transaction Report
Form 4
GEOVIC MINING CORP.TSX-GMC
SHERBORNE JOHN ELLIOTT JR
DirectorChief Executive Officer
Transactions
- Award
Option to purchase common stock
2010-01-11+90,000→ 1,352,931 totalFrom: 2010-01-11Exp: 2020-01-11→ Common Stock (90,000 underlying)
Footnotes (3)
- [F1]Exercise price is Cdn$0.90.
- [F2]40% of the options are exercisable on date of grant, 30% are exercisable on each of first two anniversaries of date of grant.
- [F3]Reporting Person is required under terms of the final order terminating his marriage to immediately transfer 40% of all option awards to his former spouse. The number shown represents the 60% net portion of the option award retained by the Reporting Person.