Sawyer William Alexander 4
4 · LUCAS ENERGY, INC. · Filed Apr 4, 2012
Insider Transaction Report
Form 4
Sawyer William Alexander
DirectorPresident & CEO
Transactions
- Award
Common Stock
2012-04-02$2.48/sh+5,243$13,003→ 361,232 total
Footnotes (1)
- [F1]Effective April 1, 2011, the Issuer entered into an employment agreement with Mr. Sawyer. Pursuant to the agreement, $75,000 of Mr. Sawyer's salary is payable in shares of the Company's common stock in equal quarterly installments, on every April 1st, July 1st, October 1st, and January 1st of each year during the term of the agreement. The shares described above equal one quarterly installment of $18,750 in shares, net of applicable payroll taxes associated with the issuance described above, issuable to Mr. Sawyer pursuant to the agreement.