STOCKERYALE INC 4
4 · STOCKERYALE INC · Filed Jul 6, 2005
Insider Transaction Report
Form 4
STOCKERYALE INCSTKR
Diaz Ricardo A
Chief Operating Officer
Transactions
- Award
Common Stock
2005-07-01+125,000→ 133,461 total
Footnotes (1)
- [F1]Shares acquired are shares of restricted stock granted under StockerYale's 2004 Stock Option and Incentive Plan. 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.