TRULSVIK NILS N 4
4 · CANARGO ENERGY CORP · Filed Sep 28, 2004
Insider Transaction Report
Form 4
TRULSVIK NILS N
Director
Transactions
- Purchase
Common Stock, par value $0.10 per share
2004-09-27$0.58/sh+32,000$18,560→ 68,000 total(indirect: By Spouse) - Purchase
Common Stock, par value $0.10 per share
2004-09-27$0.58/sh+30,000$17,400→ 92,450 total - Award
Stock Options, right to buy
2004-09-24+255,000→ 505,000 totalExercise: $0.65From: 2004-09-24Exp: 2011-09-23→ Common Stock (255,000 underlying)
Footnotes (2)
- [F1]Purchase price Norwegian Kroner 3.97 equivalent to US$0.58 on day of purchase
- [F2]Options vest one third immediately, one third after one year and one third after two years