4//SEC Filing
CANEUM INC 4
Accession 0001162161-03-000091
CIK 0001118961operating
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 5:49 PM ET
Size
6.6 KB
Accession
0001162161-03-000091
Insider Transaction Report
Form 4
CANEUM INCNone
MUDAN SUKHBIR SINGH
DirectorPresident10% Owner
Transactions
- Award
Options
2003-08-14+1,000,000→ 1,000,000 totalExercise: $0.55Exp: 2008-08-14→ Common stock, par value $.001 (1,000,000 underlying)
Footnotes (2)
- [F1]The options will vest as follows: (i) one-twelfth (1/12th) immediately as a result of the gross revenue for the quarter ended June 30, 2003, exceeding the gross revenue generated during the quarter ended March 31, 2003; (ii) beginning with the current operating quarter, one-twelfth (1/12th) each operating quarter in which the gross revenue for such quarter exceeds the gross revenue of the prior quarter, and/or one-twelfth (1/12th) for each $250,000 in gross revenue generated cumulatively in the aggregate since inception of the company; and (iii) immediately in the event of a Corporate Transaction, as defined in the 2002 Stock Option/Stock Issuance Plan.
- [F2]Options granted for employment with the Company.
Documents
Issuer
CANEUM INC
CIK 0001118961
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001118961
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 5:49 PM ET
- Size
- 6.6 KB