DOUGLASS A STONE 4
4 · Orange 21 Inc. · Filed Feb 23, 2011
Insider Transaction Report
Form 4
Orange 21 Inc.ORNG
DOUGLASS A STONE
DirectorChief Executive Officer
Transactions
- Award
Non-Qualified Stock Option (Right to Buy)
2011-02-20+25,000→ 25,000 totalExercise: $0.96From: 2011-02-20Exp: 2020-05-11→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]On May 12, 2010, the reporting person was granted an option to purchase 25,000 shares of common stock. The option vests in full upon the achievement of certain financial performance criteria for the period April 1, 2010 through December 31, 2010. The criteria was determined to be met on February 20, 2011, resulting in vesting of the option in full as to the 25,000 shares.