Lockie Douglas G 4
4 · GIGABEAM CORP · Filed Jun 27, 2006
Insider Transaction Report
Form 4
GIGABEAM CORPGGBM
Lockie Douglas G
DirectorDir., President, CTO & Founder10% Owner
Transactions
- Award
Stock Option (Right to Buy)
2006-06-23+100,000→ 100,000 totalExercise: $100000.00Exp: 2016-06-23→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]This option was approved by the Compensation Committee of the issuer's Board of Directors on April 4, 2006 subject to shareholder approval of an amendment to increase the number of shares available under the issuer's 2004 Stock Option Plan, under which the option was granted. The issuer's shareholders approved the amendment on June 23, 2006. This option vests as to 33 1/3% of the shares on each of June 23, 2007, June 23, 2008 and June 23, 2009.