Timlick Larry 4
4 · COUNTERPATH CORP · Filed Jun 22, 2010
Insider Transaction Report
Form 4
COUNTERPATH CORPCPAH
Timlick Larry
Director
Transactions
- Award
Deferred Share Units
2010-06-18+20,000→ 52,258 totalFrom: 2010-06-18→ common stock (20,000 underlying)
Holdings
- 40,000
Stock Option
Exercise: $2.15From: 2006-09-07Exp: 2010-09-07→ Common (40,000 underlying) - 10,000
Common Shares
- 32,258
Deferred Share Units
From: 2009-12-14→ Common (32,258 underlying)
Footnotes (3)
- [F1]These holdings reflect the 5:1 share consolidation on March 1, 2008;
- [F2]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.
- [F3]Each deferred share unit is convertible into one common share of CounterPath Corporation at no additional cost. There is no expiry date.