Bormel Ira 4
4 · UNIVERSAL SECURITY INSTRUMENTS INC · Filed Dec 15, 2011
Insider Transaction Report
Form 4
Bormel Ira
Director
Transactions
- Award
Common Stock Purchase Options
2011-12-14+5,000→ 5,000 totalExercise: $5.51From: 2012-12-14Exp: 2013-12-14→ Common Stock (5,000 underlying)
Footnotes (1)
- [F1]50% of the options are exercisable from and after 12 months following the date of grant, and 50% will be exercisable from and after 23 months following the date of grant.