Dillard Warren 4
4 · Surge Global Energy, Inc. · Filed Oct 12, 2012
Insider Transaction Report
Form 4
Dillard Warren
Director
Transactions
- Disposition to Issuer
Common Stock Options
2012-10-09−800,000→ 0 totalExercise: $0.07From: 2009-11-05Exp: 2012-10-09→ Common Stock (800,000 underlying) - Award
Common Stock Options
2012-10-09+8,000,000→ 800,000 totalExercise: $0.02Exp: 2015-10-08→ Common Stock (800,000 underlying)
Footnotes (3)
- [F1]The option is immediately exercisable and expires three years from the date of issue.
- [F2]The canceled option provided for vesting in 12 equal installments.
- [F3]The reporting person agreed to cancellation of the 800,000 options granted on 11/05/09 in exchange for a new option having a lower exercise price.