Saenz Luis Francisco 4
4 · Li3 Energy, Inc. · Filed May 20, 2013
Insider Transaction Report
Form 4
Li3 Energy, Inc.LIEG
Saenz Luis Francisco
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2012-01-15$0.22/sh+233,334$51,333→ 3,324,379 total - Exercise/Conversion
Common Stock
2013-01-15$0.22/sh+233,333$51,333→ 3,557,712 total - Exercise/Conversion
Restricted Stock Units
2012-01-15−233,334→ 466,666 totalExercise: $0.22→ Common Stock (233,334 underlying) - Exercise/Conversion
Restricted Stock Units
2013-01-15−233,333→ 233,333 totalExercise: $0.22→ Common Stock (233,333 underlying)
Footnotes (2)
- [F1]Pursuant to the Employment Agreement, the Issuer has agreed to grant the Reporting Person restricted stock units under the 2009 Plan vesting in three equal installments on January 15, 2012, 2013 and 2014
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.