Boosidan Gil 4
4 · Suspect Detection Systems, Inc. · Filed Jun 30, 2011
Insider Transaction Report
Form 4
Boosidan Gil
Chief Executive Officer
Transactions
- Other
Stock Option (right to buy)
2011-06-21$0.10/sh+6,000,000$600,000→ 6,000,000 totalExercise: $0.10Exp: 2021-06-21→ Common Stock (6,000,000 underlying) - Other
Common Stock
2011-06-21+1,200,000→ 1,200,000 total
Footnotes (2)
- [F1]Award of stocks pursuant to employment agreement
- [F2]On 6/21/11 the reporting person was granted an option to purchase 6,000,000 shares of common stock pursuant to the issuer's 2009 Global Stock Incentive Compensation Plan, 2,666,680 of which shares vested on 6/21/11 and the balance vests in equal monthly installments of 166,667 shares for 20 months commencing July 1, 2011.