Home/Filings/4/0001072588-08-000005
4//SEC Filing

XSUNX INC 4

Accession 0001072588-08-000005

CIK 0001039466operating

Filed

Jan 6, 7:00 PM ET

Accepted

Jan 7, 12:27 PM ET

Size

6.1 KB

Accession

0001072588-08-000005

Insider Transaction Report

Form 4
Period: 2007-10-23
Transactions
  • Purchase

    Option

    2007-10-23+1,500,0001,500,000 total
    Exercise: $0.36Exp: 2007-10-23Common Stock (1,500,000 underlying)
Footnotes (1)
  • [F1]The options vest as described below: (1) The Option became exercisable in the amount of 1,000,000 shares upon the effective date of the grant for services rendered as a member of the Company Board of Directors from the period beginning October 1, 2003 through September 30, 2007. (2) Beginning October 1, 2007, the Option became exercisable at the rate of 62,500 shares upon the anniversary of each calendar quarter of continuous service as a Director, or prorated portion thereof, for services rendered as a member of the Company Board of Directors up to a total of 500,000 shares.

Issuer

XSUNX INC

CIK 0001039466

Entity typeoperating
IncorporatedCO

Related Parties

1
  • filerCIK 0001039466

Filing Metadata

Form type
4
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 12:27 PM ET
Size
6.1 KB