SHEARING RALPH EDWARD 4
4 · STRATEGIC INTERNET INVESTMENTS INC · Filed Oct 16, 2003
Insider Transaction Report
Form 4
SHEARING RALPH EDWARD
Director
Transactions
- Expiration (Short)
Options
2003-09-05$0.50/sh−95,000$47,500→ 0 total(indirect: Owned by CMB Investments Ltd a wholly owned company of Ralph Shearing)Exercise: $0.50From: 2000-10-23Exp: 2005-10-23→ common shares (95,000 underlying) - Award
Options
2003-09-05$0.25/sh+600,000$150,000→ 600,000 total(indirect: Owned by CMB Investments Ltd a company owned 100% by Ralph Shearing)Exercise: $0.25From: 2003-09-05Exp: 2008-09-05→ common shares (600,000 underlying)
Footnotes (3)
- [F1]95,000 options mutually cancelled as of Sept 05, 2003
- [F2]CMB Investments Ltd is a British Columdia, Canada corporation owned 100% by Ralph Shearing
- [F3]New options vest as to 20% immediately and 20% every three months such that the total grant will be exercisable one year after granting of option (Sept 5, 2004)