Biles Douglas Everett 4
4 · WESCORP ENERGY INC · Filed Apr 14, 2009
Insider Transaction Report
Form 4
Biles Douglas Everett
DirectorChief Executive Officer
Transactions
- Award
Stock Option (Right to Buy)
2007-09-07+1,200,000→ 1,200,000 totalExercise: $0.50→ Common Stock (1,200,000 underlying)
Footnotes (2)
- [F1]The stock option was granted to Mr. Biles as compensation of which 400,000 shares vested immediately upon execution of his employment agreement and 400,000 shares vest on the first and second anniversary dates of Mr. Biles' employment agreement.
- [F2]These options shall expire five years following the vesting date.