Harvey T Sean 4
4 · NORD RESOURCES CORP · Filed Mar 10, 2009
Insider Transaction Report
Form 4
NORD RESOURCES CORPNRDS.OB
Harvey T Sean
Director
Transactions
- Disposition to Issuer
Employee Stock Options (right to buy)
2009-03-09$0.68/sh−50,000$34,000→ 100,000 totalExercise: $0.68→ Common stock (50,000 underlying)
Footnotes (1)
- [F1]On June 11, 2007 the reporting person was granted 150,000 options at an exercise price of $0.68, such options vesting in three equal annual installments on June 11 in each of 2008, 2009 and 2010. The reported transaction is the cancellation of the third unvested tranche of options with the balance of the options remaining outstanding and in full effect.