CANEUM INC 5
5 · CANEUM INC · Filed Jan 24, 2008
Insider Transaction Report
Form 5
CANEUM INCCANM
RANSHI AVTAR
Director
Transactions
- Award
Options to purchase common stock
2007-08-14+50,000→ 50,000 totalExercise: $0.65Exp: 2017-08-14→ Common stock (50,000 underlying)
Holdings
- 150,000
Common stock, par value $.001
- 50,000
Options
Exercise: $0.73From: 2007-08-14Exp: 2016-08-14→ Common stock (50,000 underlying)
Footnotes (2)
- [F1]Options were granted August 14, 2007, of which 12,500 are available for exercise as of the date of this report. Vesting schedule: one-fourth (1/4th) of the total options granted at the end of each three-month period and immediately in the event of a Corporate Transaction as defined in the Stock Option/Stock Issuance Plan of the Issuer.
- [F2]Options were granted for continued service on the board of directors, on the audit and compensation committees, and as chairman of the audit committee.