VIARD ANGELO 4
4 · MAINLAND RESOURCES INC. · Filed Feb 10, 2009
Insider Transaction Report
Form 4
VIARD ANGELO
Director
Transactions
- Award
Stock Options
2008-11-18+250,000→ 250,000 totalExercise: $3.00From: 2008-11-18Exp: 2018-11-18→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]The 250,000 stock options were originally granted on November 18, 2008 at an exercise price of $5.00 per share. The Board of Directors authorized the re-pricing on the 250,000 options to $3.00 based upon consideration of certain factors including current economic conditions and price of natural gas.