MacMillan Andrew J 4
4 · Quest Solution, Inc. · Filed Aug 15, 2017
Insider Transaction Report
Form 4
MacMillan Andrew J
Director
Transactions
- Award
Stock Options
2017-08-02+500,000→ 500,000 totalExercise: $0.11From: 2017-08-02Exp: 2021-08-02→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]Pursuant to the Share Purchase Option Plan, Mr. MacMillan received a stock option grant of 500,000 stock options. The options are exercisable as follows: options to purchase 125,000 shares are immediately vested on August 2, 2017 at an exercise price of $0.11 per share; options to purchase 125,000 shares vest on November 2, 2017 at an exercise price of $0.11 per share, options to purchase 125,000 shares vest on February 2, 2018 at an exercise price of $0.11 per share, and options to purchase 125,000 shares vest on May 2, 2018 at an exercise price of $0.11 per share, subject to any change in control acceleration provisions. The exercise price of the options was agreed to pursuant to the Unanimous Written Consent of The Board of Directors dated July 26, 2017