DARRIGO JOSEPH G. 4/A
4/A · Native American Energy Group, Inc. · Filed Sep 19, 2012
Insider Transaction Report
Form 4/AAmended
DARRIGO JOSEPH G.
President and CEO
Transactions
- Award
Employee Stock Option (Right to Buy)
2012-09-14+2,000,000→ 250,000 totalExercise: $2.00Exp: 2017-09-13→ Common Stock (2,000,000 underlying)
Footnotes (3)
- [F1]Grant of stock options pursuant to the Native American Energy Group 2011 Equity Incentive Plan.
- [F2]The stock option award vests in four equal annual installments beginning on the first anniversary date.
- [F3]This amended Form 4 is being filed to correct an error to Item No. 9. titled "Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)" contained in a Form 4 Report filed on September 18, 2012. The previous number was erroneously listed as 2,250,000. The 250,000 are Series A Preferred shares that are convertible on a one-to-one basis into common shares on demand of the holder.