QUICK MED TECHNOLOGIES INC 4

4 · QUICK MED TECHNOLOGIES INC · Filed Dec 29, 2008

Form 4

Period: 2008-10-27

Director

Transactions

Award
Stock Warrants (Right to purchase)
2008-10-27+16,666→ 846,694 total
Exercise: $0.20From: 2010-10-27Exp: 2013-10-27→ Common Stock (16,666 underlying)
Award
Stock Warrants (Right to purchase)
2008-10-27+150,000→ 796,694 total
Exercise: $0.20From: 2008-10-27Exp: 2013-10-27→ Common Stock (150,000 underlying)
Award
Stock Options (Right to purchase)
2008-10-27+117,075→ 626,692 total
Exercise: $0.20From: 2008-10-27Exp: 2013-10-27→ Common Stock (117,075 underlying)
Award
Stock Options (Right to purchase)
2008-10-27+6,666→ 640,028 total
Exercise: $0.20From: 2009-10-27Exp: 2013-10-27→ Common Stock (6,666 underlying)
Award
Stock Warrants (Right to purchase)
2008-10-27+16,667→ 813,361 total
Exercise: $0.20From: 2008-10-27Exp: 2013-10-27→ Common Stock (16,667 underlying)
Award
Stock Options (Right to purchase)
2008-10-27+6,667→ 633,362 total
Exercise: $0.20From: 2008-10-27Exp: 2013-10-27→ Common Stock (6,667 underlying)

Footnotes (3)

[F1]On October 27, 2008, Quick-Med Technologies, Inc. granted Mr. Schultz 117,075 stock options at an exercise price of $0.20 per share to purchase common stock as payment for his services as a director and committee members. Stock options were vested immediately.
[F2]On October 27, 2008, Quick-Med Technologies, Inc. granted Mr. Schultz 20,000 stock options to purchase common stock as a bonus award. Stock options are scheduled to be vested as follows: 1/3 on the grant date, 1/3 on October 27, 2009, and 1/3 on October 27, 2010.
[F3]On October 27, 2008, Quick-Med Technologies, Inc. granted Mr. Schultz 200,000 stock warrants to purchase common stock at an exercise price of $0.20 per share, of which 150,0000 warrants as payment of his consulting services in lieu of cash, and 50,000 warrants as performance bonus. The 150,000 warrants were vested immediately. The 50,000 stock warrants are scheduled to be vested as follows: 1/3 on the grant date, 1/3 on October 27, 2009, and 1/3 on October 27, 2010.

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