Oilsands Quest Inc 4
4 · Oilsands Quest Inc · Filed Aug 5, 2008
Insider Transaction Report
Form 4
O'Donoghue Paul K
VP Inv Relations/Corp. Plan'g
Transactions
- Award
Stock Option
2008-08-01+300,000→ 300,000 totalExercise: $4.51From: 2008-08-01Exp: 2013-08-01→ Common stock (300,000 underlying)
Holdings
- 200,000
Stock Option
Exercise: $4.00From: 2008-03-14Exp: 2013-03-14→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Mr. O'Donoghue was granted 200,000 options pursuant to the Company's 2006 Stock Option Plan on March 14, 2008. The options vest either (i) 25% immediately and 25% each year for three years after the date of grant (March 14, 2009, March 14, 2010, and March 14, 2011); or (ii) 100% vesting upon a merger, acquisition, sale or a change in control. This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(d).
- [F2]Mr. O'Donoghue was granted 300,000 options pursuant to the Company's 2006 Stock Option Plan on August 1, 2008. The options vest either (i) 25% immediately and 25% each year for three years after the date of grant (August 1, 2009, August 1, 2010, and August 1, 2011); or (ii) 100% vesting upon a merger, acquisition, sale, or change in control. This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(d).