4//SEC Filing
Kaneko Shu 4
Accession 0001144204-11-015900
CIK 0000815353other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:57 PM ET
Size
7.4 KB
Accession
0001144204-11-015900
Insider Transaction Report
Form 4
EMERALD DAIRY INCEMDY.OB]
Kaneko Shu
DirectorCFO and Secretary
Transactions
- Exercise/Conversion
Common Stock
2011-03-17+175,248→ 175,248 total - Exercise/Conversion
Stock Options
2011-03-17−300,000→ 0 totalExercise: $0.42Exp: 2019-03-02→ Common Stock (300,000 underlying)
Footnotes (2)
- [F1]On March 17, 2011, the Reporting Person exercised stock options to purchase 300,000 shares of the Issuer's common stock on a cashless basis. The stock options were granted to the Reporting Person pursuant to the Issuer's 2009 Equity Incentive Plan (the "Plan") as of March 2, 2009. In connection with the cashless exercise, the Reporting Person was deemed to have paid an amount equal to the difference between the exercise price ($0.42 per share) and the fair market value of a share of the Issuer's common stock on the date of exercise ($1.01 per share).
- [F2]On March 2, 2009, the Reporting Person was granted 300,000 stock options under the Plan, exercisable at a price of $0.42 per share, of which 75,000 vested on each of September 2, 2009, March 2, 2010, September 2, 2010 and March 2, 2011.
Documents
Issuer
EMERALD DAIRY INC
CIK 0000815353
Entity typeother
Related Parties
1- filerCIK 0001417593
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:57 PM ET
- Size
- 7.4 KB