NUVIM INC 4
4 · NUVIM INC · Filed Jun 28, 2005
Insider Transaction Report
Form 4
NUVIM INCNUVM
KUNDRAT RICHARD P
DirectorChairman and CEO
Transactions
- Other
Common Stock
2005-06-24$3.00/sh+23,000$69,000→ 248,000 total - Award
Directors Stock Option (right to buy)
2005-06-24+7,500→ 7,500 totalExercise: $1.00From: 2005-06-24Exp: 2015-06-24→ Common Stock (7,500 underlying) - Award
Directors Stock Option (right to buy)
2005-06-24+10,000→ 10,000 totalExercise: $1.00Exp: 2015-06-24→ Common Stock (10,000 underlying) - Award
Employee Stock Option (right to buy)
2005-06-24+102,500→ 102,500 totalExercise: $1.00Exp: 2015-06-24→ Common Stock (102,500 underlying) - Other
Common Stock
2005-06-24$1.00/sh+29,167$29,167→ 225,999 total - Award
Employee Stock Option (right to buy)
2005-06-24+300,000→ 300,000 totalExercise: $1.00From: 2005-06-24Exp: 2015-06-24→ Common Stock (300,000 underlying) - Other
Common Stock
2005-06-24$3.00/sh+63,195$189,585→ 196,832 total
Footnotes (4)
- [F1]Shares were issued in payment of accrued and unpaid salary owed to the reporting person.
- [F2]Shares were issued in payment of advances made by the Reporting Person to cover manufacturing costs.
- [F3]Options become exercisable in three installments, beginning one year from the date of grant (June 24, 2006, 2007 and 2008). The first two installments will result in 34,166 options becoming exercisable, with the third installment exercisable for 34,168 shares.
- [F4]Options become exercisable in three installments, beginning one year from the date of grant (June 24, 2006, 2007 and 2008). The first two installments will result in 3,333 options becoming exercisable, with the third installment exercisable for 3,334 shares.