Wilson Ronald D. 4
4 · Skinny Nutritional Corp. · Filed Aug 17, 2009
Insider Transaction Report
Form 4
Skinny Nutritional Corp.SKNY.OB
Wilson Ronald D.
DirectorPresident and CEO
Transactions
- Award
Employee Options
2009-08-14+2,000,000→ 2,000,000 totalExercise: $0.10From: 2009-08-14Exp: 2014-08-14→ Common Stock (2,000,000 underlying)
Footnotes (1)
- [F1]Options vest as follows: 25% on the Date of Grant and 25% on each of the subsequent three anniversary dates thereafter; provided, however, in the event that the gross sales reported by the Company for the 2009 fiscal year is less than $10,000,000, the total award amount granted to each person above will be reduced by 25% and the unvested portion of such awards shall be reduced in such an amount so as to give effect to such reduction.