Hacioglu Cem 4
4 · PNG VENTURES INC · Filed Feb 17, 2009
Insider Transaction Report
Form 4
PNG VENTURES INCPNGX.OB
Hacioglu Cem
DirectorChief Executive OfficerOther
Transactions
- Award
Stock Options
2009-02-16+1,000,000→ 1,000,000 totalExercise: $10.00→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]Grant by the Company, effective at commencement of employment, pursuant to employment agreement.
- [F2]Options vest ratably over 12 consecutive quarters and are exercisable upon or after vesting.
- [F3]Unexercised options expire 10 years after the grant date.