Caminschi Andrew 4
4 · KAL ENERGY INC · Filed Mar 12, 2009
Insider Transaction Report
Form 4
KAL ENERGY INCKALG.OB
Caminschi Andrew
DirectorCFO
Transactions
- Purchase
Common Stock
2009-02-27$0.01/sh+5,000,000$60,000→ 6,000,000 total - Award
Restricted Stock
2009-02-27+3,000,000→ 3,000,000 totalExp: 2019-02-27→ Common Stock (3,000,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
- [F2]The shares vest every six months in equal installments of 25% beginning March 1, 2009.
- [F3]Compensatory grant for services.