Fuse Science, Inc. 4
4 · Fuse Science, Inc. · Filed Aug 20, 2013
Insider Transaction Report
Form 4
Hutchings Richard S
Director
Transactions
- Award
Options to Purchase Common Stock
2013-08-19+800,000→ 2,050,000 totalExercise: $0.08Exp: 2018-08-19→ Common Stock (800,000 underlying)
Footnotes (2)
- [F1]The options vest one-half upon grant and the balance in quarterly installments over a one (1) year period from the grant date (subject to acceleration in the event of a merger, asset sale or other "change in control" as defined in the Issuer's 2011 Incentive Stock Plan), contingent on continued employment with the Issuer and upon the approval by the Issuer's board of directors of an amendment to its articles of incorporation to increase its authorized capitalization.
- [F2]Options were issued pursuant to the Issuer's 2011 Incentive Stock Plan.