CANEUM INC 4
4 · CANEUM INC · Filed Jul 8, 2008
Insider Transaction Report
Form 4
CANEUM INCCANM
KNITOWSKI ALAN S
Director10% Owner
Transactions
- Award
Common stock, par value $.001
2008-07-07+150,000→ 1,210,089 total(indirect: By Trust) - Award
Common stock, par value $.001
2008-07-07+294,118→ 294,118 total(indirect: By LLC)
Holdings
- 725,000
Options
Exercise: $0.55Exp: 2013-08-14→ Common stock (725,000 underlying) - 166,667(indirect: By Trust)
Warrants
From: 2006-01-19Exp: 2013-03-31→ Common stock (166,667 underlying) - 125,000
Options
Exercise: $0.70From: 2008-03-31Exp: 2016-09-29→ Common stock (125,000 underlying)
Footnotes (5)
- [F1]Shares granted for extension of employment agreement for additional year.
- [F2]Shares granted for entering into good faith negotiations for new employment agreement.
- [F3]The options vested based upon Issuer performance. As of June 30, 2005, all options were available for exercise.
- [F4]The warrants are exercisable at $1.00 per share with certain incentives to exercise early. The incentives are: (i) after two years and through four years from December 31, 2005, exercisable at $.875 per share; and (ii) after four years from December 31, 2005, exercisable at $1.00 per share.
- [F5]Shares are subject to vesting as follows: 1/4 of the total shares quarterly beginning June 30, 2008.