Gold Torrent, Inc. 4
4 · Gold Torrent, Inc. · Filed Apr 19, 2017
Insider Transaction Report
Form 4
Kunz Daniel J
Director10% Owner
Transactions
- Award
Restricted Stock
2017-04-07$0.50/sh+1,350,000$675,000→ 3,536,184 total - Award
Stock Option (Right to Buy)
2017-04-07+400,000→ 400,000 totalExercise: $0.55Exp: 2022-04-07→ Common Stock (400,000 underlying)
Footnotes (2)
- [F1]Options were priced at $0.50. Optionee has a 10% increase consistent with option plan required.
- [F2]This option to purchase common stock vests in three (3) annual installments of 66,666, 66,667 and 66,667. The first installment vests on the date of grant, the second installment vests on April 7, 2018, and the third installment vests on April 7, 2019.