WESCORP ENERGY INC 4

Accession 0001062993-07-001459

CIK 0001069489operating

Filed

Apr 22, 8:00 PM ET

Accepted

Apr 23, 4:35 PM ET

Size

22.5 KB

Accession

0001062993-07-001459

Form 4

Period: 2007-03-31

DirectorChief Executive Officer

Transactions

Other
Stock Option (Right to Buy)
2007-03-31+68,182→ 68,182 total
Exercise: $0.44From: 2007-03-31Exp: 2011-03-31→ Common Stock (68,182 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $0.54From: 2005-11-30Exp: 2009-11-30→ Common Stock (2,000,000 underlying)
2,000,000
Stock Option (Right to Buy)
Exercise: $0.75From: 2005-03-31Exp: 2008-12-31→ Common Stock (39,920 underlying)
39,920
Stock Option (Right to Buy)
Exercise: $0.59From: 2006-09-30Exp: 2010-09-30→ Common Stock (50,671 underlying)
50,671
Stock Option (Right to Buy)
Exercise: $0.48From: 2006-06-30Exp: 2010-06-30→ Common Stock (62,847 underlying)
62,847
Warrant (Right to Buy)
(indirect: By Chinook Consultants)
Exercise: $0.45From: 2005-10-01Exp: 2007-10-01→ Common Stock (100,000 underlying)
100,000
Stock Option (Right to Buy)
Exercise: $0.89From: 2005-09-30Exp: 2009-09-30→ Common Stock (33,630 underlying)
33,630
Stock Option (Right to Buy)
Exercise: $0.67From: 2005-03-31Exp: 2008-09-30→ Common Stock (44,858 underlying)
44,858
Stock Option (Right to Buy)
Exercise: $0.78From: 2005-12-31Exp: 2009-12-31→ Common Stock (38,279 underlying)
38,279
Stock Option (Right to Buy)
Exercise: $0.46From: 2006-12-31Exp: 2010-12-31→ Common Stock (65,821 underlying)
65,821
Stock Option (Right to Buy)
Exercise: $0.70From: 2005-06-30Exp: 2009-06-30→ Common Stock (42,918 underlying)
42,918
Stock Option (Right to Buy)
Exercise: $1.10From: 2005-03-31Exp: 2009-03-31→ Common Stock (27,276 underlying)
27,276
Stock Option (Right to Buy)
Exercise: $0.69From: 2006-03-31Exp: 2010-03-31→ Common Stock (43,478 underlying)
43,478

Footnotes (5)

[F1]These options were earned as compensation for the period January 1, 2007 through March 31, 2007. The amount received per quarter is equal to that number of shares calculated by dividing $30,000 by the "Exercise Price". The Exercise Price is the weighted average trading price of the shares trading during the last 5 trading days of the calendar quarter ending March 31, 2007.
[F2]These options were earned as compensation for the period January 1, 2006 through December 31, 2006. The amount received per quarter is equal to that number of shares calculated by dividing $30,000 by the "Exercise Price". The Exercise Price is the weighted average trading price of the shares trading during the last 5 trading days of the calendar quarter ending March 31, June 30, September 30 and December 31, 2006.
[F3]These options were earned as compensation for the period January 1, 2005 through December 31, 2005. The amount received per quarter is equal to that number of shares calculated by dividing $30,000 by the "Exercise Price". The Exercise Price is the weighted average trading price of the shares trading during the last 5 trading days of the calendar quarter ending March 31, June 30, September 30 and December 31, 2005.
[F4]This stock option was issued for services as company president and chief executive officer.
[F5]The warrant to purchase shares was issued for services as a consultant.

Documents

1 file

WESCORP ENERGY INC

CIK 0001069489

Entity typeoperating

IncorporatedDE