|4Apr 18, 6:29 PM ET

Clarke Janice Marie 4

4 · STELLAR PHARMACEUTICALS INC · Filed Apr 18, 2011

Insider Transaction Report

Form 4
Period: 2011-04-14
Clarke Janice Marie
Secretary/CFO
Transactions
  • Award

    Share Options (right to buy)

    2011-04-14$0.70/sh+20,000$14,000110,000 total
    Exercise: $0.71From: 2012-03-31Exp: 2016-04-14Common shares (20,000 underlying)
Footnotes (2)
  • [F1]These options are subject to performance criteria's and will vest in 2012 at 25% on each of Mar 31; Jun 30; Sep 30; and Dec 31, upon meeting such criteria's.
  • [F2]Actual exercise price will be in Cdn $ @ $0.68

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT