Clarke Janice Marie 4
4 · STELLAR PHARMACEUTICALS INC · Filed Dec 15, 2009
Insider Transaction Report
Form 4
STELLAR PHARMACEUTICALS INCslxcf.ob
Clarke Janice Marie
Secretary/CFO
Transactions
- Award
Share Options (right to buy)
2009-12-10$0.95/sh+15,000$14,250→ 45,000 totalExercise: $0.95From: 2009-12-31Exp: 2014-12-09→ Common Shares (15,000 underlying) - Award
Share Options (right to buy)
2009-12-10$0.80/sh+20,000$16,000→ 75,000 totalExercise: $0.80From: 2011-03-31Exp: 2014-12-09→ Common Shares (20,000 underlying) - Award
Share Option (right to buy)
2009-12-10$0.80/sh+10,000$8,000→ 55,000 totalExercise: $0.80From: 2010-03-31Exp: 2014-12-09→ Common Shares (10,000 underlying)
Footnotes (4)
- [F1]Options vest as 50% on Dec 31/09; 25% on Mar 31/10; and 25% on Jun 30/10
- [F2]Options granted at premium to market of $0.80
- [F3]These options are subject to performance criteria's and will vest in 2010 at 25% on Mar 31; Jun 30; Sep 30; and Dec 31, upon meeting such criteria's.
- [F4]These options are subject to performance criteria's and will vest in 2011 at 25% on Mar 31; Jun 30; Sep 30; and Dec 31, upon meeting such criteria's.