CARTER STEVEN LEE 4
4 · STRATEGIC AMERICAN OIL CORP · Filed Feb 17, 2011
Insider Transaction Report
Form 4
CARTER STEVEN LEE
Vice Presient Operations
Transactions
- Award
Options
2011-02-16+350,000→ 1,300,000 totalExercise: $0.20From: 2011-02-16Exp: 2013-08-16→ Common shares (350,000 underlying)
Footnotes (2)
- [F1]Options to purchase 350,000 shares of common stock vested on February 16, 2011 in accordance with the terms of the Issuer's stock incentive plan.
- [F2]In addition to the 350,000 options that vested on February 16, 2011, as reported in the table above, the Reporting Person holds options to purchase 600,000 shares of common stock at $0.35 per share, expiring on July 4, 2017 and options to purchase 350,000 shares of common stock at $0.20 per share, expiring on August 16, 2013.