CARTER STEVEN LEE 4
4 · STRATEGIC AMERICAN OIL CORP · Filed Nov 15, 2010
Insider Transaction Report
Form 4
CARTER STEVEN LEE
Vice Presient Operations
Transactions
- Award
Options
2010-08-16+350,000→ 950,000 totalExercise: $0.20From: 2010-08-16Exp: 2013-08-16→ Common shares (350,000 underlying)
Footnotes (2)
- [F1]Options to purchase 350,000 shares of common stock vested on August 16, 2010 in accordance with the terms of the Issuer's stock incentive plan.
- [F2]In addition to the 350,000 options that vested on August 16, 2010, as previously reported, the Reporting Person holds options to purchase 600,000 shares of common stock at $0.35 per share, expiring on July 5, 2017.