HINER JOHN E 4/A
4/A · Crown Oil & Gas Inc. · Filed Apr 6, 2009
Insider Transaction Report
Form 4/AAmended
HINER JOHN E
DirectorPresident Secretary Treasurer
Transactions
- Other
Common Shares, par value $0.001
2009-03-18−88,000,000→ 1,100,000 total - Award
Stock Options
2008-08-20$1.00/sh+300,000$300,000→ 300,000 totalExercise: $1.00From: 2008-08-20Exp: 2013-08-19→ common shares (300,000 underlying)
Footnotes (3)
- [F1]Pursuant to a Share Cancellation Agreement dated March 18, 2009 with the Issuer, the Reporting Person returned to treasury for cancellation 88,000,000 shares in the common stock of the Issuer as of March 18, 2009. No consideration was paid to the Reporting Person in respect of the share cancellation.
- [F2]These options were granted to the Reporting Person pursuant to a stock option plan dated May 30, 2008.
- [F3]These options are exercisable as to 25% on August 20, 2008, 25% on February 20, 2009, 25% on August 20, 2009 and 25% on February 20, 2010.