Richardson Marvin R 4
4 · ARCADIA RESOURCES, INC · Filed Jan 29, 2009
Insider Transaction Report
Form 4
Richardson Marvin R
DirectorChief Executive Officer
Transactions
- Award
Stock Option (Right to Buy)
2009-01-27+1,200,000→ 1,800,000 totalExercise: $0.72Exp: 2016-01-26→ Common Stock (1,200,000 underlying)
Footnotes (2)
- [F1]Options vest in two (2) equal installments on March 31, 2010 and March 31, 2011, subject to forfeiture; however, all vesting and exercise of such options shall be subject to the approval of the shareholders of an amendment to the 2006 Equity Incentive Plan (increasing the number of authorized option shares issuable thereunder) at their next annual or special meeting.
- [F2]Options issued as part of Reporting Person's compensation arrangement for April 1, 2008 to March 31, 2009.