Palmer Richard NMN 4
4 · Global Clean Energy Holdings, Inc. · Filed Mar 18, 2010
Insider Transaction Report
Form 4
Palmer Richard NMN
DirectorPresident & CEO10% Owner
Transactions
- Award
Stock Option
2010-03-16+12,000,000→ 12,000,000 totalExercise: $0.02Exp: 2020-03-16→ Common Stock (12,000,000 underlying)
Footnotes (3)
- [F1]The shares of Issuer underlying the stock option shall vest as follows: (i) 6,000,000 shares shall vest at such time as when the Issuer's market capitalization reaches $30,000,000; and (ii) the remaining 6,000,000 shares shall vest at such time as when the Issuer's market capitalization reaches or exceeds $60,000,000.
- [F2]The securities reported include a stock option to acquire up to 12,000,000 shares of the Issuer's common stock, as reported in this Form 4.
- [F3]Issued in consideration of reporting person's services.