Chang Stephen 4
4 · MultiCell Technologies, Inc. · Filed Jul 13, 2011
Insider Transaction Report
Form 4
MultiCell Technologies, Inc.MCET.OB
Chang Stephen
Director
Transactions
- Award
Stock Option (right to buy)
2011-07-11+1,000,000→ 1,000,000 totalExercise: $0.01Exp: 2016-07-10→ Common Stock (1,000,000 underlying)
Footnotes (1)
- [F1]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 July 11, 2011.