AULD-SUSOTT EVAN 4
4 · HORNE INTERNATIONAL, INC. · Filed May 4, 2011
Insider Transaction Report
Form 4
AULD-SUSOTT EVAN
DirectorChief Executive Officer
Transactions
- Award
Option (right to purchase common stock)
2011-05-02+500,000→ 3,322,800 totalExercise: $0.15From: 2012-05-02Exp: 2014-05-02→ common stock (500,000 underlying)
Footnotes (4)
- [F1]Options shall vest over two years and three months - 165,000 at 12 months, 165,000 at 24 months, and 170,000 at 27 months.
- [F2]Option expire three years from the date of the agreement.
- [F3]No price is included as the transaction is an option grant.
- [F4]2,615,450 shares of common stock are held by the Susott Family Limited Partnership of which evan Auld-Susott is the sole general partner. 70,000 shares of common stock are held directly by Evan Auld-Susott. 137,000 shares of common stock are held by Evan Auld-Susott in an Individual Retirement Account.