BMP Sunstone CORP 4
4 · BMP Sunstone CORP · Filed Apr 29, 2009
Insider Transaction Report
Form 4
BALEDGE LES R
Director
Transactions
- Award
Stock option (right to buy)
2009-04-27+50,000→ 1,742,499 totalExercise: $3.49Exp: 2019-04-27→ Common stock (50,000 underlying)
Footnotes (3)
- [F1]Vesting schedule: 25% on April 27, 2010; 1/36th on the 1st of every month thereafter.
- [F2]Not applicable.
- [F3]Mr. Baledge directly owns the following derivative securities: 1) 12.5% Secured Convertible Notes due July 1, 2011, convertible into 1,333,333 shares of common stock. 2) Warrant for 80,000 shares of common stock. 3) Class B warrant for 100,000 shares of common stock. Mr. Baledge indirectly owns the following derivative securities: 1) 12.5% Secured Convertible Note due July 1, 2011, convertible into 166,666 shares of common stock (held by spouse). 2) Class B warrant for 12,500 shares of common stock (held by Baledge, LLC).