Sandher Kulwant 4
4 · DELTA OIL & GAS INC · Filed Jan 24, 2011
Insider Transaction Report
Form 4
Sandher Kulwant
DirectorChief Financial Officer
Transactions
- Award
Option to Buy
2011-01-19+200,000→ 200,000 totalExercise: $0.14From: 2011-01-19Exp: 2016-01-18→ Common Stock (200,000 underlying) - Award
Common Stock
2011-01-19+100,000→ 1,034,176 total
Holdings
- 200,000
Option to Buy
Exercise: $0.12From: 2009-12-02Exp: 2012-12-01→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]The shares were issued to the Reporting Person in consideration for services rendered under an Amened and Restated Consulting Agreement entered into on March 8, 2010 between the Issuer and Warwick Management Services, a company controlled by the Reporting Person. This Consulting Agreement was filed as Exhibit 10.1 to the Issuer's Current Report on Form 8-K filed on March 9, 2010.
- [F2]100,000 options vest immediately and the remaining 100,000 options vest on April 1, 2011.