4//SEC Filing
CARTER STEVEN LEE 4
Accession 0001183740-11-000321
CIK 0001425808other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 3:53 PM ET
Size
14.4 KB
Accession
0001183740-11-000321
Insider Transaction Report
Form 4
CARTER STEVEN LEE
Vice Presient Operations
Transactions
- Award
Employee Stock Option (right to buy)
2011-04-21+12,500,000→ 13,800,000 totalExercise: $0.10From: 2011-10-21Exp: 2021-10-21→ Common shares (12,500,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-04-21−700,000→ 0 totalExercise: $0.20Exp: 2013-08-16→ Common stock (700,000 underlying) - Award
Employee Stock Option (right to buy)
2011-04-21+700,000→ 1,300,000 totalExercise: $0.10Exp: 2013-08-16→ Common stock (700,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-04-21−600,000→ 700,000 totalExercise: $0.35Exp: 2017-07-05→ Common Stock (600,000 underlying) - Award
Employee Stock Option (right to buy)
2011-04-21+600,000→ 600,000 totalExercise: $0.10Exp: 2017-07-05→ Common stock (600,000 underlying)
Footnotes (3)
- [F1]The four reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option.
- [F2]The options vest as to 2,500,000 on October 21, 2011; 2,500,000 on April 21, 2012; 2,500,000 on October 21, 2012; 2,500,000 on April 21, 2013 and the remaining 2,500,000 on October 21, 2013.
- [F3]Granted pursuant to and in accordance with the terms of the Issuer's stock incentive plan.
Documents
Issuer
STRATEGIC AMERICAN OIL CORP
CIK 0001425808
Entity typeother
Related Parties
1- filerCIK 0001443598
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 3:53 PM ET
- Size
- 14.4 KB