SCHEEPERS REYNO 4
4 · Douglas Lake Minerals Inc. · Filed Dec 2, 2011
Insider Transaction Report
Form 4
SCHEEPERS REYNO
Director
Transactions
- Award
Options (right to buy)
2011-11-30+1,500,000→ 5,500,000 totalExercise: $0.45From: 2011-11-30Exp: 2021-11-30→ Common (1,500,000 underlying)
Footnotes (3)
- [F1]The options vest as to 375,000 on February 29, 2012, 375,000 on May 31, 2012, 375,000 on August 31, 2012 and 375,000 on November 30, 2012.
- [F2]Granted pursuant to and in accordance with the Company's Stock Option Plan.
- [F3]In addition to the 1,500,000 options granted, the Reporting Person also holds options to purchase 4,000,000 shares at an exercise price of $0.20 expiring on November 29, 2020.