Rosenfeld Andrew 4
4 · COLOMBIA ENERGY RESOURCES, INC. · Filed Aug 2, 2012
Insider Transaction Report
Form 4
Rosenfeld Andrew
Director
Transactions
- Award
Common Stock
2012-08-01$0.45/sh+11,194$5,000→ 11,194 total
Holdings
- 62,500
Restricted Stock Unit
Exercise: $0.00→ Common Stock (62,500 underlying)
Footnotes (1)
- [F1]The restricted stock units ("RSUs") will vest on the date of the 2013 annual meeting of the stockholders and will expire at the 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.