4//SEC Filing
SCHUERMANN MARTIN 4
Accession 0001173375-10-000024
CIK 0001405424other
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 11:10 AM ET
Size
15.2 KB
Accession
0001173375-10-000024
Insider Transaction Report
Form 4
SCHUERMANN MARTIN
DirectorPresident
Transactions
- Gift
Common Stock
2010-06-25$0.17/sh+265,000$43,725→ 1,765,000 total
Holdings
- 12,500,000
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) - 100,000(indirect: By Daughter)
Common Stock
- 4,500,000
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) - 10,000(indirect: By Spouse)
Common Stock
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.
Issuer
VISION INDUSTRIES CORP
CIK 0001405424
Entity typeother
Related Parties
1- filerCIK 0001453043
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 11:10 AM ET
- Size
- 15.2 KB