HOUSTON AMERICAN ENERGY CORP 4
4 · HOUSTON AMERICAN ENERGY CORP · Filed Jun 13, 2013
Insider Transaction Report
Form 4
Jeffers Kenneth
Senior VP of Exploration
Transactions
- Award
Stock Option (Right to Buy)
2013-06-11+300,000→ 300,000 totalExercise: $0.31From: 2013-06-11Exp: 2023-06-10→ Common Stock (300,000 underlying)
Holdings
- 300,000
Stock Option (Right to Buy)
Exercise: $1.65From: 2012-12-11Exp: 2022-06-11→ Common Stock (300,000 underlying) - 21,000
Common Stock
- 150,000
Stock Option (Right to Buy)
Exercise: $8.87From: 2011-08-13Exp: 2020-08-13→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]15,000 of the shares held were issued pursuant to a Restricted Stock Agreement in June 2011 and are subject to a three year vesting requirement with unvested shares subject to forfeiture in the event of termination of employment.
- [F2]Option vests in 1/3 increments on each of the first three anniversaries of the grant date. The date exercisable is the first vesting date.
- [F3]Option vests 50% on June 11, 2013, the grant date, and 50% on the first anniversary of the grant date.