Brown Lee Patrick 4
4 · CAMAC Energy Inc. · Filed Aug 2, 2010
Insider Transaction Report
Form 4
Brown Lee Patrick
Director
Transactions
- Award
Common Stock
2010-07-29+20,270→ 20,270 total - Award
Common Stock
2010-07-29+10,000→ 30,270 total
Footnotes (2)
- [F1]Common Stock of Issuer granted to Reporting Person pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. Grant of restricted stock subject to forfeiture. 100% of the shares will become vested and nonforfeitable on the twelve (12) month anniversary of July 29, 2010 (the "Vesting Commencement Date"), subject to recipient's continued service as a member of the Company's Board of Directors and subject to the terms and conditions of a Restricted Stock Purchase Agreement to be entered into by and between the Company and the Grantee.
- [F2]Common Stock of Issuer granted to Reporting Person pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. Grant of restricted stock subject to forfeiture. 50% of the shares will become vested and nonforfeitable on the one (1) year anniversary of July 29, 2010 (the "Vesting Commencement Date") and the balance 50% of the shares will become vested and nonforfeitable on the two (2) year anniversary of the Vesting Commencement Date, subject to recipient's continued service as the Chairperson of the Nominating and Corporate Governance Committee and subject to the terms and conditions of a Restricted Stock Purchase Agreement to be entered into by and between the Company and the Grantee.