Sage Charles V 4
4 · Surge Global Energy, Inc. · Filed Oct 12, 2012
Insider Transaction Report
Form 4
Sage Charles V
Director
Transactions
- Disposition to Issuer
Common Stock Options
2012-10-09−500,000→ 0 totalExercise: $0.08From: 2008-03-27Exp: 2012-10-09→ Common Stock (500,000 underlying) - Disposition to Issuer
Common Stock Options
2012-10-09−300,000→ 0 totalExercise: $0.06From: 2009-05-23Exp: 2012-10-09→ Common Stock (300,000 underlying) - Disposition to Issuer
Common Stock Options
2012-10-09−400,000→ 0 totalExercise: $0.10From: 2010-05-16Exp: 2012-10-09→ Common Stock (400,000 underlying) - Award
Common Stock Options
2012-10-09+1,200,000→ 1,200,000 totalExercise: $0.02Exp: 2015-10-08→ Common Stock (1,200,000 underlying)
Footnotes (3)
- [F1]The option is immediately exercisable and expires three years from the date of issue.
- [F2]The canceled options provided for vesting in equal 24 monthly installments beginning on the dates set forth above. No such options were exercised.
- [F3]The reporting person agreed to cancellation of the 1,200,000 stock options (in the aggregate) granted to him on 02/27/20008, 04/23/2009 and 04/16/2010 in exchange for a new option having a lower exercise price.