WHITNEY JON R 4
4 · AMERICAN OIL & GAS INC · Filed Jan 16, 2009
Insider Transaction Report
Form 4
WHITNEY JON R
Director
Transactions
- Award
Common Stock
2009-01-14+30,000→ 30,000 total
Holdings
- 65,000
Option right to buy
Exercise: $6.03Exp: 2012-02-08→ Common stock (65,000 underlying) - 100,000
Option right to buy
Exercise: $2.38Exp: 2010-02-15→ Common stock (100,000 underlying)
Footnotes (3)
- [F1]These shares are restricted shares and Mr. Whitney is not permitted to sell, transfer, pledge, exchange, hypothecate, or otherwise dispose of two-thirds' of the shares until he is no longer a member of the board.
- [F2]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.
- [F3]All options have fully vested and are immediately exercisable.