Ash Jason 4
4 · PACIFICHEALTH LABORATORIES INC · Filed Jul 1, 2009
Insider Transaction Report
Form 4
Ash Jason
DirectorPresident and CEO
Transactions
- Award
Common Stock Option (Right to Buy)
2009-06-24+200,000→ 200,000 totalExercise: $0.28→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]On June 24, 2009, the Board of Directors of PacificHealth Laboratories, Inc. (the "Company") approved the issuance of options to purchase 200,000 shares of the Company's common stock (the "Options") at an exercise price of $0.28 per share to vest as follows: 50,000 shares on June 23, 2010; 50,000 shares on June 23, 2011; 50,000 shares on June 23, 2012; and the remaining 50,000 shares on June 23, 2013.
- [F2]To the extent not previously exercised, the Options will terminate upon the earlier of (i) June 23, 2014 or (ii) 90 days following the termination of Mr. Ash's employment with the Company.