Berdugo Gad 4
4 · MABCURE INC. · Filed May 25, 2011
Insider Transaction Report
Form 4
MABCURE INC.MBCI
Berdugo Gad
Director
Transactions
- Award
Stock Option (Right to Buy)
2011-05-19+200,000→ 320,000 totalExercise: $0.50→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]The vesting schedule for the stock options is as follows: Options to purchase 200,000 shares of Common Stock vest at the closing of an equity raise, debt, or other financing transaction with net aggregate proceeds to the Issuer of at least $200,000.
- [F2]The Expiration Date is five years from the date of vesting of the stock options.
- [F3]Issuer previously issued options to purchase 120,000 shares of Common Stock that are exercisable on 9/24/11 with an expiration date of 9/24/15.