HABIBI BABAK 4
4 · BRAINTECH INC · Filed Nov 17, 2003
Insider Transaction Report
Form 4
BRAINTECH INCBRHI
HABIBI BABAK
Chief Technology Officer
Transactions
- Award
Options
[F1]2003-11-05$0.60/sh+500,000$300,000→ 743,000 totalExercise: $0.60From: 2004-05-05Exp: 2008-11-05→ Common Shares (500,000 underlying)
Footnotes (1)
- [F1]500,000 options granted on November 5, 2003 at $0.60 (fair market value on date of grant). The options will vest in tranches of 125,000 on May 5, 2004, November 5, 2004, May 5, 2005 and November 5, 2005. The term of the options is five years expiring on November 5, 2008.
Signature
/s/ Babak Habibi|2003-11-14