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4//SEC Filing

Pougnet John Desbarrieres 4

Accession 0001415889-11-000026

CIK 0001134765other

Filed

Jan 23, 7:00 PM ET

Accepted

Jan 24, 6:16 PM ET

Size

9.6 KB

Accession

0001415889-11-000026

Insider Transaction Report

Form 4
Period: 2010-12-14
Pougnet John Desbarrieres
Chief Financial Officer
Transactions
  • Award

    Common Stock Option

    2010-12-14$0.18/sh+360,000$64,800360,000 total
    Exercise: $0.18From: 2014-12-14Exp: 2015-12-13Common Stock (360,000 underlying)
  • Other

    Common Stock Option

    2010-12-14$1.21/sh475,000$574,7500 total
    Exercise: $1.21From: 2010-12-14Exp: 2011-03-09Common Stock (475,000 underlying)
Holdings
  • Common Stock

    29,500
Footnotes (2)
  • [F1]On December 14, 2010, Mr. Pougnet forfieted options to purchase a total of 475,000 shares of Common Stock, consisting of: (i) 9/12/2005 grant of 50,000 options with an exercise price of $1.80; (ii) 3/10/2006 grant of 100,000 options with an exercise price of $1.39; (iii) 5/28/2006 grant of 100,000 options with an exercise price of $0.65; (iv) 3/26/2007 grant of 100,000 options with an exercise price of $1.55; and (v) 1/8/2008 grant of 125,000 options with an exercise price of $1.00. The options were forfeited in consideration for the grant of a new option on 12-14-10 to purchase a total of 360,000 shares of Common Stock, as reported on this Form 4.
  • [F2]Options were granted in consideration for the forfeiture of options to acquire 475,000 shares of Common Stock.

Issuer

BAZI INTERNATIONAL, INC.

CIK 0001134765

Entity typeother

Related Parties

1
  • filerCIK 0001340342

Filing Metadata

Form type
4
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 6:16 PM ET
Size
9.6 KB