Dugas David 4
4 · ESP Resources, Inc. · Filed Aug 16, 2012
Insider Transaction Report
Form 4
Dugas David
DirectorPresident
Transactions
- Award
Option
2012-07-10+1,200,000→ 8,200,000 totalExercise: $0.10From: 2012-07-10Exp: 2022-07-10→ Common Stock (1,200,000 underlying) - Award
Common Stock
2012-07-10$0.10/sh+1,300,000$130,000→ 6,800,000 total
Footnotes (2)
- [F1]On July 10, 2012, through the Board of Directors, the Company granted options to purchase 6,000,000 shares to Mr. Dugas. These options were granted with an exercise price equal to $0.10 per share and vest 20% over 5 years, beginning on the date of grant.
- [F2]On July 10, 2012, through the Board of Directors, the Company granted 6,500,000 shares of restricted common stock to Mr. Dugas. These shares were granted at $0.10 per share and vest 20% over 5 years beginning on the grant date.