Leduc Jacques 4
4 · TERRESTAR CORP · Filed Aug 5, 2009
Insider Transaction Report
Form 4
TERRESTAR CORPTSTR
Leduc Jacques
Director
Transactions
- Award
Non-Qualified Stock Option (Option to Buy)
2009-08-03+15,000→ 15,000 totalExercise: $1.31Exp: 2019-08-02→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]This stock option was granted upon the re-election of the Reporting Person to the Issuer's board of directors on the date of the Issuer's 2009 Annual Meeting of Stockholders. The exercise price of this stock option is the closing price of the Issuer's common stock on August 3, 2009.
- [F2]The option is exercisable as it vests. The option vests in 3 equal annual installments from August 3, 2010, with 1/3 of the shares vesting and becoming exercisable on each of August 3, 2010, 2011 and 2012.