Osborn Jerry 4
4 · BRAINTECH INC · Filed Sep 11, 2009
Insider Transaction Report
Form 4
BRAINTECH INCBRHI
Osborn Jerry
EVP, Pres. Industrial
Transactions
- Other
COMMON STOCK
[F1]2009-08-07$0.08/sh+185,574$14,846→ 1,935,574 total - Other
COMMON STOCK
[F1]2009-09-10$0.11/sh+139,846$15,383→ 2,075,420 total
Holdings
- 500,000
OPTIONS
[F2]Exercise: $0.10Exp: 2014-01-28→ COMMON (500,000 underlying)
Footnotes (2)
- [F1]COMMON STOCK ISSUED IN LIEU OF SALARY.
- [F2]THESE STOCK OPTIONS ARE NOT EXCERCISABLE UNTIL THE ACHIEVEMENT OF A CERTAIN DEFINED MILESTONE AS SET FORTH IN AN EMPLOYMENT AGREEMENT BETWEEN THE REPORTING PERSON AND THE COMPANY.
Signature
/s/ JERRY L OSBORN|2009-09-10