Jacobs James J 4
4 · HOUSTON AMERICAN ENERGY CORP · Filed Jun 15, 2011
Insider Transaction Report
Form 4
Jacobs James J
Chief Financial Officer
Transactions
- Award
Common Stock
2011-06-14+15,000→ 28,900 total
Holdings
- 120,000
Stock Option (Right to Buy)
Exercise: $2.05From: 2010-06-09Exp: 2019-06-09→ Common Stock (120,000 underlying) - 200,000
Stock Option (Right to Buy)
Exercise: $2.98From: 2006-07-05Exp: 2016-07-05→ Common Stock (200,000 underlying) - 150,000
Stock Option (Right to Buy)
Exercise: $7.20From: 2009-06-02Exp: 2018-06-02→ Common Stock (150,000 underlying)
Footnotes (3)
- [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]Date shown is the grant date. Option vests, and is exercisable, 1/3 beginning 90 days after grant and 1/3 on each of the first 2 anniversaries of the grant date.
- [F3]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.