Carlson Daniel F 4
4 · American Sands Energy Corp. · Filed Feb 21, 2012
Insider Transaction Report
Form 4
Carlson Daniel F
Director
Transactions
- Award
Options
2012-02-16+200,000→ 250,000 totalExercise: $0.00From: 2012-02-16Exp: 2017-02-16→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Exercise price equal to the price per share, or price per share equivalent of the Financing Event (as defined by the employment agreement dated February 16, 2012).
- [F2]50% of options will vest immediately and 50% shall vest upon completion of a total of $40,000,000 in equity or debt financing being completed by the Company during the term of the Employment Agreement dated February 16, 2012.