NEWMIN W GERALD 4
4 · MultiCell Technologies, Inc. · Filed Jun 15, 2011
Insider Transaction Report
Form 4
MultiCell Technologies, Inc.MCET.OB
NEWMIN W GERALD
DirectorChairman, CEO & Secretary
Transactions
- Award
Common Stock
2009-09-24$0.02/sh+726,316$13,800→ 5,603,690 total(indirect: see Footnote) - Award
Common Stock Purchase Warrant (right to buy)
2006-10-08+60,000→ 60,000 total(indirect: By Trust)Exercise: $0.50From: 2006-10-08Exp: 2012-10-04→ Common Stock (60,000 underlying) - Award
Common Stock Purchase Warrant (right to buy)
2006-12-21+20,000→ 20,000 total(indirect: By Trust)Exercise: $0.50From: 2006-12-21Exp: 2012-12-20→ Common Stock (20,000 underlying) - Award
Common Stock Purchase Warrant (right to buy)
2007-02-28+220,000→ 220,000 total(indirect: By Spouse)Exercise: $0.20From: 2007-02-28Exp: 2015-09-12→ Common Stock (220,000 underlying) - Award
Common Stock Purchase Warrant (right to buy)
2007-04-30+70,000→ 70,000 total(indirect: By Trust)Exercise: $0.50From: 2007-04-30Exp: 2013-04-23→ Common Stock (70,000 underlying) - Award
Stock Option (right to buy)
2009-06-25+1,000,000→ 1,000,000 totalExercise: $0.01Exp: 2014-06-24→ Common Stock (1,000,000 underlying) - Award
Stock Option (right to buy)
2009-09-23+333,553→ 333,553 totalExercise: $0.02Exp: 2014-09-24→ Common Stock (333,553 underlying) - Award
Stock Option (right to buy)
2010-06-28+1,000,000→ 1,000,000 totalExercise: $0.01Exp: 2015-06-27→ Common Stock (1,000,000 underlying) - Award
Common Stock
2010-02-23$0.01/sh+250,000$2,875→ 5,853,690 total(indirect: see Footnote) - Award
Common Stock Purchase Warrant (right to buy)
2006-09-25+50,000→ 50,000 total(indirect: By Trust)Exercise: $0.50From: 2006-09-25Exp: 2012-09-24→ Common Stock (50,000 underlying) - Award
Common Stock Purchase Warrant (right to buy)
2006-10-24+40,000→ 40,000 total(indirect: By Trust)Exercise: $0.50From: 2006-10-24Exp: 2012-10-23→ Common Stock (40,000 underlying) - Award
Common Stock Purchase Warrant (right to buy)
2006-11-27+8,000→ 8,000 total(indirect: By Trust)Exercise: $0.50From: 2006-11-27Exp: 2012-11-26→ Common Stock (8,000 underlying) - Award
Common Stock Purchase Warrant (right to buy)
2007-02-28+1,029,065→ 1,029,065 totalExercise: $0.20From: 2007-02-28Exp: 2015-09-12→ Common Stock (1,029,065 underlying) - Award
Common Stock Purchase Warrant (right to buy)
2007-04-20+10,000→ 10,000 total(indirect: By Trust)Exercise: $0.50From: 2007-04-20Exp: 2013-04-14→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]As of the filing of this Form 4, 3,920,915 shares are held by Newmin Corbett Trust U/A 5/10/02, W. G. Newmin and Barbara L. Corbett TTEES ("Newmin Corbett Trust"), for which the reporting person and reporting person's spouse serve as trustees; 1,399,210 shares are held by Cay J Associates, ltd., a Partnership, for which the reporting person and reporting person's spouse serve as partners; 502,011 shares are held by FMTC Custodian W. G. Newmin IRA, for which the reporting person is the beneficiary; and 31,554 shares are held by W. Gerald Newmin IRA, for which reporting person is the beneficiary.
- [F2]Subject to the reporting person's continuing service, this option vests and becomes exercisable as follows: (i) 25% of the shares subject to the option shall vest and become exercisable on the first quarterly anniversary of the vesting commencement date and (ii) an additional 25% of the shares subject to the option shall vest and become exercisable on each quarterly anniversary of the vesting commencement date for the three quarters following the first quarterly anniversary of the vesting commencement date. The vesting commencement date for this option is June 25, 2009.
- [F3]Subject to the reporting person's continuing service, this option vests and becomes exercisable as follows: (i) 1/60th of the shares subject to the option shall vest and become exercisable on each monthly anniversary of the vesting commencement date. The vesting commencement date for this option is September 23, 2009.
- [F4]Subject to the reporting person's continuing service, this option vests and becomes exercisable as follows: (i) 25% of the shares subject to the option shall vest and become exercisable on the first quarterly anniversary of the vesting commencement date and (ii) an additional 25% of the shares subject to the option shall vest and become exercisable on each quarterly anniversary of the vesting commencement date for the three quarters following the first quarterly anniversary of the vesting commencement date. The vesting commencement date for this option is June 28, 2010.