HEIDINGER JAMES RONALD 4
4 · Myecheck Inc. · Filed May 22, 2009
Insider Transaction Report
Form 4
Myecheck Inc.MYEC
HEIDINGER JAMES RONALD
DirectorVice President, Treasurer
Transactions
- Award
Stock Option (Right to Buy)
2009-05-11+2,000,000→ 2,000,000 totalExercise: $0.13Exp: 2019-05-11→ Common Stock (2,000,000 underlying)
Footnotes (2)
- [F1](a) as to Options granted as at the Effective Date of the Plan, (i) Options granted with respect to 25% of the Optioned Shares shall become exercisable on the Effective Date of the Plan; and (ii) thereafter, each of One/Thirty-sixth (1/36) of the Options granted with respect to 75% of the Optioned Shares shall become exercisable beginning on the first day of each of the consecutive 36 months following the month in which the Plan became effective; (b) as to Options granted after the Effective Date of the Plan, (i) Options granted with respect to 25% of the Optioned Shares shall become exercisable on the day on which the Option is granted; and (ii) thereafter, each of One/Thirty-sixth (1/36) of the Options granted with respect to 75% of the Optioned Shares shall become exercisable beginning on the first day of each of the consecutive 36 months following the month in which the which the Option is granted.
- [F2]N/A