DEMARE NICK 4
4 · AMERICAN OIL & GAS INC · Filed Jan 16, 2009
Insider Transaction Report
Form 4
DEMARE NICK
Director
Transactions
- Award
Common Stock
2009-01-14+30,000→ 119,300 total(indirect: See F1)
Holdings
- 224,000
Common Stock
- 65,000
Option right to buy
Exercise: $6.03Exp: 2012-02-08→ Common Stock (65,000 underlying)
Footnotes (3)
- [F1]These shares are held by DNG Capital Corp., which is a company indirectly owned 100% by Nick DeMare.
- [F2]These shares are restricted shares and DNG Capital Corp. is not permitted to sell, transfer, pledge, exchange, hypothecate, or otherwise dispose of two-thirds' of the shares until Nick DeMare is no longer a member of the board.
- [F3]8,125 of the options become exercisable on the last day of each calendar quarter served, beginning with the first calendar quarter of 2007 and ending with the fourth calendar quarter of 2009.