VELASQUEZ CAMILO 4
4 · SOUTH AMERICAN GOLD CORP. · Filed Apr 18, 2011
Insider Transaction Report
Form 4
VELASQUEZ CAMILO
DirectorC.F.O., Secretary and Treas.
Transactions
- Purchase
Common Stock
2011-04-12+500,000→ 500,000 total
Holdings
- 500,000
Option to Buy
Exercise: $0.59From: 2011-03-22Exp: 2021-03-21→ Common Stock (500,000 underlying)
Footnotes (2)
- [F1]The Reporting Person paid total cash consideration of $10.00 in a private purchase of 500,000 shares of Issuer's common stock.
- [F2]Pursuant to the Issuer's 2010 Stock Incentive Plan, the Issuer granted the Reporting Person an option to acquire 500,000 shares of common stock at an exercise price of $0.59 per share. This option grant is fully vested and exercisable on the grant date.