HOUSTON AMERICAN ENERGY CORP 4
4 · HOUSTON AMERICAN ENERGY CORP · Filed Jul 5, 2007
Insider Transaction Report
Form 4
Jacobs James J
Chief Financial Officer
Transactions
- Award
Common Stock
2007-07-02+13,900→ 13,900 total
Holdings
- 200,000
Stock Option (Right to Buy)
Exercise: $2.98From: 2006-07-05Exp: 2016-07-05→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]The shares were issued as compensation pursuant to a Restricted Stock Agreement. The shares are subject to a one year vesting requirement and a requirement that the grant of the shares be approved by the shareholders of the company within one year.
- [F2]Date shown is the grant date. Option vests, and is exercisable, 1/3 beginning 90 days after grant and 1/3 on each of the first 2 anniversaries of the grant date.