Home/Filings/4/0001179110-11-007406
4//SEC Filing

Carlson Richard Craig 4

Accession 0001179110-11-007406

CIK 0001222244other

Filed

May 4, 8:00 PM ET

Accepted

May 5, 5:20 PM ET

Size

11.8 KB

Accession

0001179110-11-007406

Insider Transaction Report

Form 4
Period: 2011-05-03
Transactions
  • Award

    Stock Options

    2011-05-03+150,000150,000 total
    Exercise: $0.97Exp: 2018-05-03Common stock, $0.00001 par value (150,000 underlying)
Holdings
  • Stock options

    Exercise: $1.50Exp: 2016-09-29Common stock, $0.00001 par value (150,000 underlying)
    150,000
  • Stock Options

    Exercise: $5.00Exp: 2014-02-01Common Stock, $0.00001 par value (10,000 underlying)
    10,000
  • Common Stock, $0.00001 par value

    850
  • Stock options

    Exercise: $1.00Exp: 2015-07-11Common stock, $0.00001 par value (70,000 underlying)
    70,000
  • Stock Options

    Exercise: $0.85Exp: 2016-03-03Common stock, $0.00001 par value (100,000 underlying)
    100,000
Footnotes (4)
  • [F1]The Option shall vest as enumerated: (a) 50,000 shares are vested and currently exercisable; (b) 20,000 shares vest on July 1, 2011.
  • [F2]Immediately exercisable.
  • [F3]Options shall vest on the latter of the date that the Company is cleared by the FDA to sell the ProUroScan System in the United States or the date the Company closes on an aggregate of $2,000,000 or more of incremental equity financing after the date of grant(including the exercise of existing warrants).
  • [F4]The options will vest in the amounts indicated below upon achievement of the following objectives within nine months of the Company's receipt of FDA clearance to sell the ProUroScan System in the U.S.:25% vesting - upon recording $500,000 in sales, 15% vesting upon the raising of $5 million in new funding, 30% vesting upon the execution of a corporate partner agreement, 30% vesting upon the filing of three new patent applications.

Issuer

ProUroCare Medical Inc.

CIK 0001222244

Entity typeother

Related Parties

1
  • filerCIK 0001353829

Filing Metadata

Form type
4
Filed
May 4, 8:00 PM ET
Accepted
May 5, 5:20 PM ET
Size
11.8 KB