Timlick Larry 4
4 · COUNTERPATH CORP · Filed Dec 23, 2009
Insider Transaction Report
Form 4
COUNTERPATH CORPCPAH
Timlick Larry
Director
Transactions
- Other
Deferred Share Units
2009-12-14+32,258→ 32,258 totalFrom: 2009-12-14→ Common (32,258 underlying)
Holdings
- 50,000
Common Shares
- 200,000
Stock Options
Exercise: $0.61From: 2006-09-07Exp: 2010-09-07→ Common (200,000 underlying)
Footnotes (2)
- [F1]The options vest as to (a) 25% on September 7, 2006; and (b) 1/36 of the remaining 75% every month commencing on October 7, 2006 until the option is fully vested.
- [F2]Each deferred share unit is convertible into one common share of CounterPath Corporation at no additional cost. There is no expiry date.