PYR ENERGY CORP 4
4 · PYR ENERGY CORP · Filed Oct 16, 2006
Insider Transaction Report
Form 4
RHODES BRYCE W
Director
Transactions
- Award
Option (Right to buy)
2006-10-11+26,338→ 26,338 totalExercise: $0.97Exp: 2011-10-11→ Common Stock (26,338 underlying)
Footnotes (2)
- [F1]These options become exercisable 25% on each of October 11, 2006, November 30, 2006, February 28, 2007 and May 31, 2007 during Mr. Rhodes' current term as a director.
- [F2]As part of Mr. Rhodes' compensation for serving on the registrant's board of directors, on October, 11, 2006 the registrant granted Mr. Rhodes options based on the Black Scholes valuation method with a value of $25,000 determined on October 11, 2006.