SHEMWELL SCOTT 4
4 · WESCORP ENERGY INC · Filed Apr 14, 2009
Insider Transaction Report
Form 4
SHEMWELL SCOTT
Chief Operating Officer
Transactions
- Award
Common Stock
2007-07-10$0.42/sh+100,000$42,000→ 100,000 total - Award
Common Stock
2007-11-22$0.42/sh+2,000,000$840,000→ 2,000,000 total - Award
Stock Option (Right to Buy)
2007-09-07+1,000,000→ 1,000,000 totalExercise: $0.50→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]These shares were issued to Mr. Shemwell in connection with the Agreement and Plan of Merger (the "Merger Agreement") with Strategic Decisions Sciences USA Inc.
- [F2]The stock option was granted to Mr. Shemwell as compensation of which 334,000 shares vested immediately upon execution of his employment agreement and 333,000 shares vest on the first and second anniversary dates of Mr. Shemwell's employment agreement.
- [F3]These options shall expire five years following the vesting date.