FELLOWS STEPHEN 4
4 · GENEREX BIOTECHNOLOGY CORP · Filed Jun 27, 2012
Insider Transaction Report
Form 4
FELLOWS STEPHEN
Acting CFO
Transactions
- Sale
Common Stock
2012-06-25$0.09/sh−546,448$50,383→ 0 total
Footnotes (1)
- [F1]The shares sold were acquired by the reporting person on June 21, 2012 upon exercise of options to purchase 546,448 shares of the issuer's common stock, which were granted by the Board of Directors on June 6, 2012 in lieu of cash payment of deferred compensation. The option grant was effective upon the reporting person's execution of a Settlement and Release Agreement with the issuer on June 20, 2012 and was made pursuant to the terms of the issuer's 2006 stock plan.