Owiredu Daniel 4
4 · GOLDEN STAR RESOURCES LTD · Filed Apr 16, 2013
Insider Transaction Report
Form 4
Owiredu Daniel
EVP Operations
Transactions
- Award
Common Share Options
2013-02-28+232,067→ 922,409 totalExercise: $1.62From: 2013-02-28Exp: 2018-02-28→ Common Share Options (232,067 underlying) - Award
Share Appreciation Rights
2013-02-28+174,282→ 174,282 totalExercise: $1.67From: 2016-02-28Exp: 2018-12-31→ Share Appreciation Rights (174,282 underlying)
Footnotes (5)
- [F1]Options priced in CDN$1.67; this amount is the US$ equivalent on the grant date (CD$1.00=US$0.9723).
- [F2]Vesting schedule is as follows: 33.33% on grant date, 33.33% on 1st and 2nd anniversaries of grant date.
- [F3]SARs are granted pursuant to the Golden Star Resource Ltd. Share Appreciation Rights Plan. All SAR exercises will be settled in cash.
- [F4]SARs priced in US$.
- [F5]SARs vest 33.33% in three years and 33.33% in year four and 33.33% in year five and will expire on December 31, 2018.