Propell Technologies Group, Inc. 4
4 · Propell Technologies Group, Inc. · Filed Dec 9, 2014
Insider Transaction Report
Form 4
HUEMOELLER JOHN WALTER II
DirectorPresident, CEO and CFO
Transactions
- Award
Common Stock
2014-12-05+10,000,000→ 10,000,000 total
Footnotes (1)
- [F1]Shares were received for services rendered as an officer of the Company, of which 1,250,000 will vest on January 1, 2015 and 1,250,000 shares will vest on each quarter anniversary thereafter for seven (7) successive quarters while Mr. Huemoeller is employed by the Company. The shares will also all vest immediately upon a change of control of the Company and either half or all of the shares will vest upon termination of employment, depending upon the circumstances of the termination.