GRENLEY ROBERT W 5
5 · VICTORY ENERGY CORP · Filed May 3, 2011
Insider Transaction Report
Form 5
GRENLEY ROBERT W
Director
Transactions
- Award
Warrants
2010-06-30+700,000→ 700,000 totalExercise: $0.01From: 2010-12-31Exp: 2015-12-30→ Common Stock (700,000 underlying)
Footnotes (1)
- [F1]Warrants awarded for Mr. Grenley's service on the board of directors. Under the directors' compensation program, each board member earns 100,000 Warrants per month, which are awarded at the end of the fiscal year. The directors receive no other compensation for their service on the board.