NICOLAY ROBERT MARTIN 4
4 · WESCORP ENERGY INC · Filed Jun 2, 2010
Insider Transaction Report
Form 4
NICOLAY ROBERT MARTIN
Director
Transactions
- Sale
Common Stock
2010-03-30$0.20/sh−50,000$10,000→ 50,000 total - Award
Common Stock (option to buy)
2010-05-27+469,439→ 469,439 total(indirect: see footnote)Exercise: $0.24From: 2010-05-27Exp: 2015-05-27→ Common Stock (469,439 underlying) - Award
Common Stock (option to buy)
2010-05-27+1,000,000→ 1,200,000 total(indirect: see footnote)Exercise: $0.24→ Common Stock (1,200,000 underlying)
Footnotes (3)
- [F1]The options were issued pursuant to a Services Agreement to Oak Point Consulting Group Ltd., an Alberta corporation, which is 100% owned by Robert Nicolay.
- [F2]Fifty percent of the options vest on May 27, 2010, 25% of the options vest on May 27, 2011 and 25% of the options vest of May 27, 2012.
- [F3]The options expire five years following vesting.