MANARIS CORP 4
4 · MANARIS CORP · Filed Sep 28, 2006
Insider Transaction Report
Form 4
MANARIS CORPMANS
BOUCHARD MARC
Director
Transactions
- Award
Options (Right to Buy)
2006-06-05+50,000→ 50,000 total→ Common (50,000 underlying) - Award
Options (Right to Buy)
2006-06-05$0.35/sh+75,000$26,250→ 75,000 totalExercise: $0.35→ Common (75,000 underlying)
Footnotes (3)
- [F1]The 50,000 options have an exercise price of $0.00001 and vest upon filing of the 2006 Non Qualified Stock Option Plan.
- [F2]Of the 75,000 options, 18,750 vest on the first day of each fiscal quarter, beginning on July 1, 2006.
- [F3]The options have a ten year term.