Al Yousuf Iqbal 4
4 · ALTAIR NANOTECHNOLOGIES INC · Filed Jun 26, 2009
Insider Transaction Report
Form 4
Al Yousuf Iqbal
Director10% Owner
Transactions
- Award
Common Shares
2009-06-15+53,047→ 53,047 total - Gift
Common Shares
2009-06-15−53,047→ 20,158,085 total
Footnotes (3)
- [F1]Represents a grant of restricted shares to Mr. Iqbal Al Yousuf pursuant to the 2005 Stock Incentive Plan of Altair Nanotechnologies Inc. (the "Issuer") of which 50% have an effective vesting date of June 15, 2010 and the remaining 50% will vest on June 15, 2011. Mr. Iqbal Al Yousuf must be employed by, or serve as a director of, the Issuer until the shares have been vested or they will be forfeited.
- [F2]Restricted shares received by Mr. Iqbal Al Yousuf were contributed to Al Yousuf LLC for no consideration.
- [F3]The securities of the Issuer reported as beneficially owned herein are owned of record by Al Yousuf LLC, a United Arab Emirates limited liability company. Mr. Iqbal Al Yousuf, the President of Al Yousuf LLC, may be deemed to have voting and investment control over the securities held by Al Yousuf LLC. Mr. Iqbal Al Yousuf disclaims beneficial ownership of the Issuer securities reported herein except to the extent of his pecuniary interest in such securities.