Texas Rare Earth Resources Corp. 4

4 · Texas Rare Earth Resources Corp. · Filed Mar 5, 2014

Form 4

Period: 2014-03-03

Director

Transactions

Disposition to Issuer
Director Stock Option (Right to Buy)
2014-03-03−225,000→ 0 total
Exercise: $1.00Exp: 2018-06-17→ Common Stock (225,000 underlying)
Award
Director Stock Option (Right to Buy)
2014-03-03+225,000→ 225,000 total
Exercise: $0.45Exp: 2018-06-17→ Common Stock (225,000 underlying)
Disposition to Issuer
Director Stock Option (Right to Buy)
2014-03-03−60,000→ 0 total
Exercise: $0.50Exp: 2023-12-08→ Common Stock (60,000 underlying)
Award
Director Stock Option (Right to Buy)
2014-03-03+60,000→ 60,000 total
Exercise: $0.45Exp: 2023-12-08→ Common Stock (60,000 underlying)
Disposition to Issuer
Director Stock Option (Right to Buy)
2014-03-03−250,000→ 0 total
Exercise: $0.50Exp: 2018-06-17→ Common Stock (250,000 underlying)
Award
Director Stock Option (Right to Buy)
2014-03-03+250,000→ 250,000 total
Exercise: $0.45Exp: 2018-06-17→ Common Stock (250,000 underlying)
Disposition to Issuer
Director Stock Option (Right to Buy)
2014-03-03−100,000→ 0 total
Exercise: $1.00Exp: 2022-08-16→ Common Stock (100,000 underlying)
Award
Director Stock Option (Right to Buy)
2014-03-03+100,000→ 100,000 total
Exercise: $0.45Exp: 2022-08-16→ Common Stock (100,000 underlying)

Footnotes (4)

[F1]These two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The old option was originally granted on December 8, 2013 and vested upon issuance.
[F2]These two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The old option was originally granted on June 17, 2013 and vests as follows: 1/36 per month, at the end of each month, beginning June 30, 2013.
[F3]These two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The old option was originally granted on June 17, 2013 and vests as follows: 1/36 per month, at the end of each month, beginning June 30, 2013.
[F4]These two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The old option was originally granted on August 16, 2012 and vested upon issuance.

Documents

1 file