Timlick Larry 4
4 · COUNTERPATH CORP · Filed Dec 16, 2010
Insider Transaction Report
Form 4
COUNTERPATH CORPCPAH
Timlick Larry
Director
Transactions
- Other
Stock Option
2010-09-07−40,000→ 0 totalExercise: $2.15From: 2006-09-07Exp: 2010-09-07→ Common (40,000 underlying) - Award
Stock Option
2010-12-14$1.90/sh+40,000$76,000→ 40,000 totalExercise: $1.90From: 2010-06-14Exp: 2015-12-14→ Common (40,000 underlying)
Holdings
- 40,000
Stock Option
Exercise: $2.15From: 2006-09-07Exp: 2010-09-07→ Common (40,000 underlying) - 10,000
Common Shares
- 52,258
Deferred Share Units
From: 2010-06-18→ common stock (20,000 underlying)
Footnotes (4)
- [F1]These holdings reflect the 5:1 share consolidation on March 1, 2008;
- [F2]Options vest as to 12.5% after 6 months and 1/42 per month thereafter as per company plan.
- [F3]Each deferred share unit is convertible into one common share of CounterPath Corporation at no additional cost. There is no expiry date.
- [F4]The stock options expired on September 7, 2010.