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4//SEC Filing

MITRO ROBERT F 4

Accession 0001162161-03-000093

CIK 0001118961other

Filed

Aug 13, 8:00 PM ET

Accepted

Aug 14, 6:01 PM ET

Size

6.6 KB

Accession

0001162161-03-000093

Insider Transaction Report

Form 4
Period: 2003-08-14
MITRO ROBERT F
Director10% Owner
Transactions
  • Award

    Options

    2003-08-14+750,000750,000 total(indirect: By Trust)
    Exercise: $0.55Exp: 2008-08-14Common stock, par value $.001 (750,000 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.

Issuer

CANEUM INC

CIK 0001118961

Entity typeother

Related Parties

1
  • filerCIK 0001244383

Filing Metadata

Form type
4
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 6:01 PM ET
Size
6.6 KB