GUNN BILL H 4/A
4/A · Natural Resources USA Corp · Filed May 25, 2011
Insider Transaction Report
Form 4/AAmended
GUNN BILL H
DirectorChairman & CEO
Transactions
- Purchase
Stock Options
2011-01-18+875,000→ 875,000 totalExercise: $0.58From: 2012-01-18Exp: 2016-01-18→ Common Stock (875,000 underlying)
Footnotes (2)
- [F1]The options have been granted as compensation in accordance with the provisions of the 2010 Stock Option Plan approved by shareholders in June 2010. The exercise price equals the volume weighted trading average price during the 30 days following a meeting of the board of directors held on December 16, 2010. At the meeting the board granted the options effective as the next business day after the expiry of the 30 day period.
- [F2]One third of the options vest on each of the first, second and third anniversaries of the grant date.