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4//SEC Filing

Chin Neil 4

Accession 0001544682-12-000001

CIK 0000842722other

Filed

Oct 21, 8:00 PM ET

Accepted

Oct 22, 3:31 PM ET

Size

8.8 KB

Accession

0001544682-12-000001

Insider Transaction Report

Form 4
Period: 2012-10-18
Chin Neil
Director
Transactions
  • Award

    Options to Purchase Common Stock

    2012-10-19+525,0001,025,000 total
    Exercise: $0.12Exp: 2017-10-19Common Stock (525,000 underlying)
  • Award

    Options to Purchase Common Stock

    2012-10-19+225,0001,250,000 total
    Exercise: $0.21Exp: 2017-10-19Common Stock (225,000 underlying)
Footnotes (4)
  • [F1]Options vest in quarterly installments over a two (2) 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 Fuse Science Inc.'s Incentive Stock Plan), contingent on continued services as a director.
  • [F2]Options were issued pursuant to Fuse Science Inc.'s 2011 Incentive Stock Plan.
  • [F3]Includes 500,000 stock options previously issued pursuant to the 2011 Incentive Stock Plan to purchase common stock, 400,000 of which are exercisable at $0.0339 per share and 100,000 of which are exercisable at $0.28 per share.
  • [F4]Options vest in quarterly installments over a two (2) 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 Fuse Science Inc.'s 2011 Incentive Stock Plan), contingent on continued service as a director and the approval by Fuse's board of directors and shareholders of an amendment to the 2011 Incentive Stock Plan increasing the number of shares of common stock reserved thereunder for issuance by at least 3,000,000 shares.

Issuer

Fuse Science, Inc.

CIK 0000842722

Entity typeother

Related Parties

1
  • filerCIK 0001544682

Filing Metadata

Form type
4
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 3:31 PM ET
Size
8.8 KB