Home/Filings/4/0001085037-05-001243
4//SEC Filing

ALTUS EXPLORATIONS INC 4

Accession 0001085037-05-001243

$CLTSCIK 0001165639operating

Filed

Aug 23, 8:00 PM ET

Accepted

Aug 24, 5:13 PM ET

Size

6.6 KB

Accession

0001085037-05-001243

Insider Transaction Report

Form 4
Period: 2005-08-22
NASTAT BASSAM
Director10% Owner
Transactions
  • Sale

    Common shares

    2005-08-22$0.23/sh40,000$9,2004,987,000 total
Holdings
  • Stock Options

    Exercise: $0.42From: 2005-11-19Exp: 2014-11-19Common (1,175,000 underlying)
    1,175,000
Footnotes (1)
  • [F1]These shares will vest as to one quarter of the shares on each anniversary of the date of grant of period of four years (i.e., 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
Aug 23, 8:00 PM ET
Accepted
Aug 24, 5:13 PM ET
Size
6.6 KB