SIERCHIO JOSEPH 4
4 · Ceres Ventures, Inc. · Filed Jun 11, 2012
Insider Transaction Report
Form 4
SIERCHIO JOSEPH
Director10% Owner
Transactions
- Award
Common Stock
2012-06-10+45,000→ 31,936,235 total
Footnotes (2)
- [F1]Effective as of June 10, 2011, Ceres Ventures, Inc. (the "Company") awarded Mr. Sierchio a restricted stock grant of 135,000 shares for his service as a director of the Company, which vests in three equal installments on June 20, 2011, 2012 and 2013. This Form 4 relates to the 45,000 shares that vested on June 20, 2012.
- [F2]Consists of 31,775,785 shares of the Company's common stock, par value $0.00001 and 206,250 Series C Stock Purchase Warrants ("Series C Warrants") owned by Mr. Sierchio. Each full Series C Warrant allows the holder thereof to purchase one share of the Company's common stock at an exercise price of $0.16 per share through December 31, 2012.