PURE BIOFUELS CORP 4
4 · PURE BIOFUELS CORP · Filed Jun 13, 2007
Insider Transaction Report
Form 4
Magami Steven
DirectorPresident
Transactions
- Award
Stock Option
2007-06-11+1,750,000→ 1,750,000 totalExercise: $0.98Exp: 2017-06-09→ Common Stock (1,750,000 underlying)
Footnotes (1)
- [F1]Exercisability Schedule: Subject to the terms and conditions described in the Stock Option Agreement, the Options become exercisable in accordance with the schedule below: (a) 25% of the Options are exercisable on the Grant Date, and (b) 12.5% of the Options become exercisable on the 6 month anniversary of the Grant Date, through the third anniversary of the Grant Date.