4//SEC Filing
Kotov Alexey 4
Accession 0001140361-10-032558
CIK 0001093430other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 4:48 PM ET
Size
7.2 KB
Accession
0001140361-10-032558
Insider Transaction Report
Form 4
Kotov Alexey
DirectorCEO and President
Transactions
- Award
Common Stock
2010-08-02+441,180→ 472,847 total
Holdings
- 100,000
Options
Exercise: $3.00From: 2005-08-01Exp: 2015-07-31→ Common (100,000 underlying)
Footnotes (1)
- [F1]On August 2, 2010 Mr. Kotov was appointed President and Chief Executive Officer of the Issuer. In connection with his appointment Mr. Kotov entered into a new employment agreement with the Issuer that provides he be issued, on an annual basis, restricted stock representing 0.85% of the Issuer's total shares issued and outstanding for the duration of the term of his employment agreement with the Issuer. The shares issued to Mr. Kotov shall vest equally over a period of three years beginning on the first anniversary date of the grant. On August 2, 2010 the Issuer had 51,903,542 common shares issued and outstanding, accordingly, Mr. Kotov will be issued 441,180 shares of common stock. The shares reported in this Form 4 reflect his initial restricted stock grant under the employment agreement. In addition to the shares disclosed above, the Mr. Kotov also owns 31,667 shares.
Documents
Issuer
CASPIAN SERVICES INC
CIK 0001093430
Entity typeother
Related Parties
1- filerCIK 0001469009
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 4:48 PM ET
- Size
- 7.2 KB