Lamadrid David 4
4 · MedaSorb Technologies CORP · Filed Jan 14, 2010
Insider Transaction Report
Form 4
Lamadrid David
Chief Financial Officer
Transactions
- Award
Stock Option
2010-01-04+400,000→ 5,100,000 totalExercise: $0.17From: 2010-01-04Exp: 2020-01-04→ Common Stock (400,000 underlying)
Footnotes (2)
- [F1]The stock options issued to Mr. Lamadrid do not all vest on 1/04/2010. The stock options issued to Mr. Lamadrid become exercisable according to the following vesting schedule: 80,000 stock options vest on 01/04/10; 80,000 stock options vest on 01/04/11; 80,000 stock options vest on 01/04/12; and 80,000 stock options vest on 01/04/13; and 80,000 stock options vest on 01/04/14.
- [F2]As compensation for services rendered, on January 4, 2010, Mr. David Lamadrid was issued an option to purchase 400,000 shares of common stock at an exercise price of $0.173 per share which will expire on January 4, 2020.