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VISION INDUSTRIES CORP·4

Jul 9, 11:10 AM ET

SCHUERMANN MARTIN 4

4 · VISION INDUSTRIES CORP · Filed Jul 9, 2010

Insider Transaction Report

Form 4
Period: 2010-06-25
VISION INDUSTRIES CORPVIIC
SCHUERMANN MARTIN
DirectorPresident
Transactions
  • Gift

    Common Stock

    2010-06-25$0.17/sh+265,000$43,725→ 1,765,000 total
Holdings

  • Non-Qualified Stock Option Plan (right to buy Common Stock)

    Exercise: $0.54From: 2010-11-05Exp: 2014-11-05→ Common Stock (8,000,000 underlying)
    12,500,000

  • Common Stock

    (indirect: By Daughter)
    100,000

  • Non-Qualified Stock Option Plan (right to buy Common Stock)

    Exercise: $1.00From: 2010-01-07Exp: 2014-02-01→ Common Stock (4,500,000 underlying)
    4,500,000

  • Common Stock

    (indirect: By Spouse)
    10,000
Footnotes (4)
  • [F1]Value based on average OTC Bulletin Board quote on June 25, 2010.
  • [F2]Stock purchased through and held in Spouse's individual retirement account.
  • [F3]Options granted pursuant to Vision Industries Corp. 2009 Non-Qualified Stock Option Plan. The option vests and becomes exercisable in three (3) equal yearly installments beginning one year after the grant date of January 7, 2009 and expiring five years thereafter.
  • [F4]Options granted pursuant to Vision Industries Corp. Amended 2009 Non-Qualified Stock Option Plan. The option vests and becomes exercisable in three (3) equal yearly installments beginning one year after the grant date of November 5, 2009 and expiring five years thereafter.

Documents

2 files