STOCKERYALE INC 4
4 · STOCKERYALE INC · Filed Jun 1, 2007
Insider Transaction Report
Form 4
STOCKERYALE INCSTKR
OGLETHORPE RAYMOND J
Director
Transactions
- Award
Common Stock
2007-05-30+25,362→ 149,027 total
Holdings
- 15,000(indirect: By Partnership)
Common Stock
Footnotes (1)
- [F1]Shares acquired are shares of restricted stock granted under StockerYale's 2007 Stock 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, second, third and 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.