STOCKERYALE INC 4
4 · STOCKERYALE INC · Filed Jun 2, 2005
Insider Transaction Report
Form 4
STOCKERYALE INCSTKR
KLENNER DIETMAR E
Director
Transactions
- Award
Common Stock
2005-05-31+41,096→ 51,096 total
Footnotes (1)
- [F1]Shares acquired are shares of restricted stock granted under StockerYale's 2004 Stock Option and Incentive Plan and pursuant to StockerYale's Policy Regarding Compensation of Independent Directors. Restrictions lapse as to 25% of the shares per annum on each of the first, the second, the third and the fourth anniversaries of the date of grant. Restrictions lapse as to 100% of the shares upon StockerYale achieving positive cash flow from operations for two consecutive fiscal years.