4//SEC Filing
ALLHUSEN GARY D 4
Accession 0001162161-06-000123
CIK 0001118961other
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 1:13 PM ET
Size
10.3 KB
Accession
0001162161-06-000123
Insider Transaction Report
Form 4
CANEUM INCCANM
ALLHUSEN GARY D
Other
Transactions
- Award
Options
2006-06-22+250,000→ 250,000 totalExercise: $0.67Exp: 2016-06-22→ Common stock, par value $.001 (250,000 underlying)
Holdings
- 60,000
Common stock, par value $.001
- 250,000
Options
Exercise: $0.75Exp: 2014-03-17→ Common stock, par value $.001 (250,000 underlying) - 500,000
Options
Exercise: $0.75From: 2005-09-30Exp: 2014-03-17→ Common stock, par value $.001 (500,000 underlying)
Footnotes (4)
- [F1]The options vest as follows: (i) one-sixteenth (1/16th) of the total options will vest at the end of each calendar quarter beginning with the quarter immediately after grant, and the remaining options vesting on the last day of each calendar quarter thereafter so long as the Optionee is employed by the Issuer under his employment agreement; and (ii) immediately in the event of a Corporate Transaction, as defined in the 2002 Stock Option/Stock Issuance Plan of the Issuer.
- [F2]Options were granted for acceptance as Chief Operating Officer of the Issuer.
- [F3]Options vested based upon Issuer performance. As of September 30, 2005, all options were available for exercise.
- [F4]These options were granted March 17, 2004, of which 175,000 are available for exercise as of the date of this report. Vesting schedule: (i) 6,250 per $125,000 of new top line revenue that reporting person delivers to the Issuer, with the lone requirement that it be profitable revenue in accordance with the Issuer policies/guidelines; (ii) immediately in the event of a Corporate Transaction, as defined in the 2002 Stock Option/Stock Issuance Plan; and (iii) immediately at the three year six month anniversary of employment with the Issuer.
Documents
Issuer
CANEUM INC
CIK 0001118961
Entity typeother
Related Parties
1- filerCIK 0001283901
Filing Metadata
- Form type
- 4
- Filed
- Jun 22, 8:00 PM ET
- Accepted
- Jun 23, 1:13 PM ET
- Size
- 10.3 KB