DENNY REGINALD 4
4 · ARKANOVA ENERGY CORP. · Filed Oct 30, 2009
Insider Transaction Report
Form 4
DENNY REGINALD
Chief Financial Officer
Transactions
- Award
Stock Options
2008-11-19$0.12/sh+100,000$12,000→ 600,000 totalExercise: $0.12From: 2008-11-19Exp: 2013-11-19→ common (100,000 underlying)
Holdings
- 500,000
Stock Options
Exercise: $0.39From: 2008-06-19Exp: 2013-06-19→ common (300,000 underlying) - 200,000
Stock Options
Exercise: $0.10From: 2007-10-18Exp: 2012-10-18→ common (200,000 underlying) - 15,000
Common Shares
Footnotes (2)
- [F1]Granted under the 2007 Stock Option Plan
- [F2]Pursuant to an amended stock option agreement dated November 14, 2008, the options were repriced from $1.70 to $0.10, effective November 14, 2008, and the vesting schedule was modified so that 100,000 stock options vested on October 18, 2007 and 100,000 stock options vested on November 14, 2008.