DARBY ERIK 4
4 · Orange 21 Inc. · Filed Dec 10, 2010
Insider Transaction Report
Form 4
Orange 21 Inc.ORNG
DARBY ERIK
Vice President, Sales
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2010-12-08$1.25/sh+100,000$125,000→ 100,000 totalExercise: $1.25Exp: 2020-12-08→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]The option shall vest in equal annual installments of 1/3 of the shares over three years, so long as Mr. Darby remains in the employ of the Issuer.