TERWILLIGER JOHN F 4
4 · HOUSTON AMERICAN ENERGY CORP · Filed Jun 13, 2012
Insider Transaction Report
Form 4
TERWILLIGER JOHN F
DirectorPresident and CEO10% Owner
Transactions
- Award
Stock Option (Right to buy)
2012-06-11+600,000→ 600,000 totalExercise: $1.65From: 2012-12-11Exp: 2022-06-10→ Common Stock (600,000 underlying)
Holdings
- 900,000
Stock Option (Right to buy)
Exercise: $7.20From: 2008-06-02Exp: 2018-06-02→ Common Stock (900,000 underlying) - 7,645,667
Common Stock
Footnotes (2)
- [F1]The options vest and are exercisable in 1/6 increments on each anniversary of the date of grant. The date exercisable is the first vesting date.
- [F2]The options vest on grant. 214,500 options are exercisable 6 months from the grant date and 385,500 options are exercisable on and after shareholder approval of amendment to the Company's 2008 Equity Incentive Plan to increase the shares reserved under the Plan to facilitate exercise.