Lam Liang Corp. 4
4 · Lam Liang Corp. · Filed Jul 18, 2006
Insider Transaction Report
Form 4
Lam Liang Corp.BSPE
Stevenson Darren R
DirectorPresident, CEO, Secretary10% Owner
Transactions
- Award
Option
2006-06-20+1,000,000→ 1,000,000 totalExercise: $2.00Exp: 2008-04-18→ Common Stock (1,000,000 underlying)
Footnotes (1)
- [F1]Pursuant to a Stock Option Agreement, dated April 15, 2006 by and between the Issuer and Mr. Stevenson, Issuer granted him 1,000,000 options to purchase shares of the Issuer's Common Stock. The options vest as follows: 100,000 options on June 20, 2006; 200,000 options upon the close of a private placement offering resulting in gross proceeds of not less than US$10,000,000; 200,000 options on January 1, 2007; and 500,000 options on the close of a public or private offering resulting in gross proceeds of not less than US$50,000,000.