PARTICLE DRILLING TECHNOLOGIES INC/NV 4
4 · PARTICLE DRILLING TECHNOLOGIES INC/NV · Filed Jul 3, 2006
Insider Transaction Report
Form 4
Hugh A Menown
Director
Transactions
- Award
Stock Option (Right to Buy)
2006-06-29+15,000→ 15,000 totalExercise: $3.40Exp: 2016-06-29→ Common Stock (15,000 underlying) - Award
Common Stock
2006-06-29+5,000→ 10,000 total
Footnotes (2)
- [F1]Includes 7,500 shares of restricted stock. 2,500 of such shares become non-forfeitable on May 20, 2007, 2,500 of such shares become non-forfeitable on June 29, 2007 and 2,500 of such shares become non-forfeitable on June 29, 2008.
- [F2]Such options will vest 50% on June 29, 2007 and 50% on June 29, 2008.