MAGRAW DANIEL B 4
4 · LIGHTBRIDGE Corp · Filed Sep 20, 2011
Insider Transaction Report
Form 4
LIGHTBRIDGE CorpLTBR
MAGRAW DANIEL B
Director
Transactions
- Award
Restricted Stock
2011-05-11+6,987→ 43,741 total - Award
Restricted Stock
2011-04-11+3,229→ 36,754 total - Award
Common Stock
2011-09-20+2,970→ 46,711 total
Footnotes (3)
- [F1]The restricted stock granted on 04/11/2011 is subject to a six-month vesting schedule. Should the director's services be terminated prior to vesting, the restricted stock will vest immediately.
- [F2]The restricted stock granted on 05/05/2011 is subject to a one-year vesting schedule. Should the director's services be terminated prior to vesting, the restricted stock will vest immediately.
- [F3]Mr. Magraw receives $19,000 in cash per year and $19,000 worth of the Company's common stock per year for serving on the board of directors of the Company. Common stock was issued under the Issuer's Second Amended and Restated 2006 Stock Plan as compensation for services in the quarters ended December 31, 2010, March 31, 2011 and June 30, 2011.