Jeffers Kenneth 4
4 · HOUSTON AMERICAN ENERGY CORP · Filed Jun 15, 2011
Insider Transaction Report
Form 4
Jeffers Kenneth
Senior VP of Exploration
Transactions
- Award
Common Stock
2011-06-14+15,000→ 21,000 total
Holdings
- 150,000
Stock Option (Right to Buy)
Exercise: $8.87From: 2011-08-13Exp: 2020-08-13→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]The shares were issued as compensation pursuant to a Restricted Stock Agreement. The shares are subject to a 3 year vesting requirement and unvested shares are subject to forfeiture in the event of termination of employment.
- [F2]Option vests and is exercisable 1/3 beginning on each of the first 3 anniversaries of the grant date. The date exercisable is the first vesting date.