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4//SEC Filing

SHEMWELL SCOTT 4

Accession 0001062993-09-001277

CIK 0001069489other

Filed

Apr 13, 8:00 PM ET

Accepted

Apr 14, 7:55 PM ET

Size

8.9 KB

Accession

0001062993-09-001277

Insider Transaction Report

Form 4
Period: 2007-07-10
SHEMWELL SCOTT
Chief Operating Officer
Transactions
  • Award

    Common Stock

    2007-07-10$0.42/sh+100,000$42,000100,000 total
  • Award

    Common Stock

    2007-11-22$0.42/sh+2,000,000$840,0002,000,000 total
  • Award

    Stock Option (Right to Buy)

    2007-09-07+1,000,0001,000,000 total
    Exercise: $0.50Common 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.

Issuer

WESCORP ENERGY INC

CIK 0001069489

Entity typeother

Related Parties

1
  • filerCIK 0001378436

Filing Metadata

Form type
4
Filed
Apr 13, 8:00 PM ET
Accepted
Apr 14, 7:55 PM ET
Size
8.9 KB