4//SEC Filing
LILLY PETER B 4
Accession 0001441557-12-000042
CIK 0001045390other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 1:53 PM ET
Size
9.8 KB
Accession
0001441557-12-000042
Insider Transaction Report
Form 4
LILLY PETER B
Director
Transactions
- Award
Restricted Stock Units
2012-05-21+83,333→ 169,033 totalExercise: $0.00From: 2013-05-08Exp: 2014-05-08→ Common Stock (83,333 underlying)
Holdings
- 2,000
Common Stock
- 50,000
Options
Exercise: $2.50From: 2011-08-25Exp: 2016-08-24→ Common Stock (50,000 underlying) - 85,700
Restricted Stock Units
Exercise: $0.00From: 2012-05-08Exp: 2013-05-08→ Common Stock (35,700 underlying)
Footnotes (3)
- [F1]The options shall have a three year vesting period, with 25 % vesting immediately and 25% vesting on the next three anniversaries of appointment.
- [F2]The restricted stock units ("RSUs") vested on May 8, 2012 and will expire at end of the director's term. If the director resigns for cause or is removed for cause before the end of his term, the RSUs would lapse. However, if the director resigns for health or other appropriate reasons, his RSUs would vest immediately. The director is not permitted to sell the vested shares until he is no longer a director.
- [F3]The restricted stock units ("RSUs") will vest on the date of the 2013 annual meeting of stockholders and will expire at end of the director's term. If the director resigns for cause or is removed for cause before the end of his term, the RSUs would lapse. However, if the director resigns for health or other appropriate reasons, his RSUs would vest immediately. The director is not permitted to sell the vested shares until he is no longer a director.
Documents
Issuer
COLOMBIA ENERGY RESOURCES, INC.
CIK 0001045390
Entity typeother
IncorporatedVA
Related Parties
1- filerCIK 0001078293
Filing Metadata
- Form type
- 4
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 1:53 PM ET
- Size
- 9.8 KB