BIOSHAFT WATER TECHNOLOGY, INC. 4
4 · BIOSHAFT WATER TECHNOLOGY, INC. · Filed Aug 8, 2013
Insider Transaction Report
Form 4
ZURAWICK WALTER J. JR.
DirectorPresident/CEO
Transactions
- Award
Stock Options
2011-08-01+200,000→ 200,000 totalExercise: $0.15From: 2011-09-01Exp: 2016-08-01→ Common Shares (200,000 underlying) - Award
Stock Options
2012-02-24+5,000,000→ 5,200,000 totalExercise: $0.15From: 2013-02-24Exp: 2022-02-24→ Common Shares (5,000,000 underlying)
Footnotes (2)
- [F1]The options vest at the rate of 8,333 shares per month for a period of 24 months on each monthly anniversary of th date of August 1, 2011. The option agreement expires after five years on August 1, 2016.
- [F2]The options vest at the rate of 1,000,000 shares per year for a period of 5 years on each annual anniversary of the date of February 24, 2012. The option agreement expires after ten years on February 24, 2022.