Schenz Richard 4
4 · MANAS PETROLEUM Corp · Filed Sep 29, 2011
Insider Transaction Report
Form 4
Schenz Richard
Director
Transactions
- Award
stock options
2011-09-22+1,000,000→ 2,000,000 totalExercise: $0.21From: 2012-03-22Exp: 2021-09-22→ common stock (1,000,000 underlying)
Holdings
- 1,000,000
stock options
Exercise: $0.79From: 2009-02-21Exp: 2018-11-21→ common stock (500,000 underlying) - 500,000
stock options
Exercise: $0.68From: 2009-02-21Exp: 2018-11-21→ common stock (500,000 underlying)
Footnotes (2)
- [F1]The stock options vest in 12 instalments beginning on February 21, 2009 and every quarter thereafter, with the first instalment consisting of 46,196 shares, each of the second through 11th instalments consisting of 83,334 shares and the 12th instalment consisting of 37,130 shares (with each instalment comprised of 50% of $0.68 stock options and 50% of $0.79 stock options).
- [F2]The stock options vest in four equal instalments over 24 months, with instalments vesting at six months, 12 months, 18 months and 24 months after the date of grant.