CANEUM INC 4
4 · CANEUM INC · Filed Jul 8, 2008
Insider Transaction Report
Form 4
CANEUM INCCANM
RANSHI AVTAR
Director
Transactions
- Award
Common stock, par value $.001
2008-07-07+150,000→ 300,000 total
Holdings
- 50,000
Options
Exercise: $0.65Exp: 2007-08-14→ Common stock (50,000 underlying)
Footnotes (3)
- [F1]Shares granted for additional work done in connection with advisory services relating to Company operations and potential mergers and acquisitions projects.
- [F2]These options were granted August 14, 2007, of which 37,500 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 2002 Stock Option/Stock Issuance Plan of the Issuer.
- [F3]Shares are subject to vestng as follows: 1/4 of the total shares vest quarterly beginning June 30, 2008.