Hardy Randal Lavon 4
4 · Timberline Resources Corp · Filed Apr 20, 2009
Insider Transaction Report
Form 4
Hardy Randal Lavon
DirectorCEO and CFO
Transactions
- Other
Employee Stock Option (Right to Buy)
2009-03-05$3.70/sh−200,000$740,000→ 0 totalExercise: $3.70Exp: 2012-08-27→ Common Stock (200,000 underlying) - Other
Employee Stock Option (Right to Buy)
2009-03-05$3.40/sh−300,000$1,020,000→ 0 totalExercise: $3.40Exp: 2012-10-24→ Common Stock (300,000 underlying) - Other
Employee Stock Option (Right to Buy)
2009-03-05$2.48/sh−100,000$248,000→ 0 totalExercise: $2.48Exp: 2013-08-22→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]Reporting person forfeited existing stock option awards to create additional room in the Company's Equity Incentive Plan.
- [F2]The option vests in three installments: one-third on 8/27/2008, one-third on 8/27/2009 and one-third on 8/27/2010
- [F3]The option vests in three installments: one-third on 10/24/2007, one-third on 10/24/2008 and one-third on 10/24/2009.
- [F4]The option vests in three installments: one-half on 8/22/2008, one-quarter on 8/22/2009 and one-quarter on 8/22/2010.