Timlick Larry 4
4 · COUNTERPATH CORP · Filed Mar 7, 2012
Insider Transaction Report
Form 4
COUNTERPATH CORPCPAH
Timlick Larry
Director
Transactions
- Award
Deferred Share Units
2011-07-25+10,811→ 63,069 totalFrom: 2011-07-25→ Common (10,811 underlying)
Holdings
- 10,000
Common Shares
- 40,000
Stock Option
Exercise: $1.90From: 2011-06-14Exp: 2015-12-14→ Common (40,000 underlying) - 32,258
Deferred Share Units
From: 2009-12-14→ Common (32,258 underlying) - 52,258
Deferred Share Units
From: 2010-06-18→ common stock (20,000 underlying)
Footnotes (2)
- [F1]Options vest as to 12.5% after 6 months and 1/42 per month thereafter as per company plan.
- [F2]Each deferred share unit is convertible into one common share of CounterPath Corporation at no additional cost. There is no expiry date.