Hofmeister John 4
4 · CAMAC Energy Inc. · Filed Jun 28, 2011
Insider Transaction Report
Form 4
Hofmeister John
Director
Transactions
- Award
Common Stock
2011-06-24+10,000→ 80,690 total - Award
Common Stock
2011-06-24+50,420→ 70,690 total
Footnotes (2)
- [F1]Common Stock of Issuer granted to Reporting Person pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. Grant of restricted stock subject to forfeiture. 100% of the shares will become vested and nonforfeitable on the twelve (12) month anniversary of June 24, 2011 (the "Vesting Commencement Date"), subject to recipient's continued service as a member of the Company's Board of Directors and subject to the terms and conditions of a Restricted Stock Purchase Agreement to be entered into by and between the Company and the Grantee.
- [F2]Common Stock of Issuer granted to Reporting Person pursuant to Issuer's 2009 Equity Incentive Plan and subject thereto. Grant of restricted stock subject to forfeiture. 50% of the shares will become vested and nonforfeitable on the one (1) year anniversary of June 24, 2011 (the "Vesting Commencement Date") and the balance 50% of the shares will become vested and nonforfeitable on the two (2) year anniversary of the Vesting Commencement Date, subject to recipient's continued service as the Chairperson of the Compensation Committee and subject to the terms and conditions of a Restricted Stock Purchase Agreement to be entered into by and between the Company and the Grantee.