NGUYEN NAM H 4

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

Form 4

Period: 2008-10-27

Chief Financial Officer

Transactions

Award
Common Stock
2008-10-27$0.20/sh+60,000$12,000→ 1,385,923 total
Award
Stock Warrants (Right to purchase)
2008-10-27+41,667→ 573,334 total
Exercise: $0.20From: 2009-10-27Exp: 2013-10-27→ Common Stock (41,667 underlying)
Award
Stock Warrants (RIght to purchase)
2008-10-27+41,667→ 531,667 total
Exercise: $0.20From: 2008-10-27Exp: 2013-10-27→ Common Stock (41,667 underlying)
Award
Stock Warrants (Right to Purchase)
2008-10-27+41,666→ 615,000 total
Exercise: $0.20From: 2010-10-27Exp: 2013-10-27→ Common Stock (41,666 underlying)

Footnotes (2)

[F1]On October 27, 2008, Quick-Med Technologies, Inc. issued 60,000 restricted shares of its common stock to Mr. Nguyen in lieu of payment of $12,000 in total or $0.20 per share for services rendered through June 30, 2008. The amount benefically owned by Mr. Nguyen consits of 770,923 shares of the Company's common stock, warrants to purchase 545,000 shares of common stock, and stock options to purchase 70,000 shares of common stock.
[F2]On October 27,2008, Quick-Med Technologies, Inc. granted 125,000 stock warrants to purchase common stock at $0.20 per share as a performance award. 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.

Documents

1 file