ALTUS EXPLORATIONS INC 4
4 · ALTUS EXPLORATIONS INC · Filed Aug 17, 2005
Insider Transaction Report
Form 4
SYTSMA DONALD L
Other
Transactions
- Sale
Common shares
2005-08-12$0.25/sh+5,000$1,250→ 770,000 total - Sale
Common shares
2005-08-12$0.24/sh−5,500$1,320→ 775,000 total - Sale
Common share
2005-08-12$0.23/sh−19,500$4,485→ 780,500 total
Holdings
- 1,175,000
Stock options
Exercise: $0.42From: 2005-11-19Exp: 2014-11-19→ Common (1,175,000 underlying)
Footnotes (1)
- [F1]1. These options vest over a four year period from date of grant (i.e., November 19, 2004). Notwithstanding the previous vesting schedule, should the Company's stock trade at over $1.01 per share for 10 consecutive trading days, then the options will vest immediately.