Home/Filings/4/0001085037-05-000816
4//SEC Filing

ALTUS EXPLORATIONS INC 4

Accession 0001085037-05-000816

$CLTSCIK 0001165639operating

Filed

Jun 5, 8:00 PM ET

Accepted

Jun 6, 3:24 PM ET

Size

6.7 KB

Accession

0001085037-05-000816

Insider Transaction Report

Form 4
Period: 2005-06-02
NASTAT BASSAM
Director10% Owner
Transactions
  • Sale

    common shares

    2005-06-02$0.32/sh30,000$9,6005,092,000 total
Holdings
  • Stock Options

    Exercise: $0.42From: 2005-11-19Exp: 2014-11-19Common (1,175,000 underlying)
    1,175,000
Footnotes (1)
  • [F1](1) These shares will vest as to one quarter of the shares on each anniversary of the date of grant for a period of four years (ie. November 19, 2005, November 19, 2006, November 19, 2007 and November 19, 2008). Notwithstanding the previous vesting schedule, should the Company's stock trade at over $1.01 for 10 consecutive trading days, the options shall vest immediately.

Issuer

ALTUS EXPLORATIONS INC

CIK 0001165639

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001165639

Filing Metadata

Form type
4
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 3:24 PM ET
Size
6.7 KB