NORTH AMERICAN SCIENTIFIC INC 4
4 · NORTH AMERICAN SCIENTIFIC INC · Filed Apr 25, 2007
Insider Transaction Report
Form 4
Rush John Barry
DirectorPresident and CEO
Transactions
- Purchase
Stock Option
2007-04-23$1.16/sh+1,800,000$2,088,000→ 1,800,000 totalExercise: $1.16From: 2007-05-23Exp: 2017-04-23→ Common Stock (1,800,000 underlying)
Footnotes (2)
- [F1]All of the options vest monthly over a four-year period, beginning May 23, 2007.
- [F2]If, before April 23, 2009, the Company issues additional shares of stock in connection with raising capital in a private placement transaction, the Company is required to grant options to Mr. Rush to acquire an additional number of shares of common stock equal to 3% of the number of shares issued in connection with such transaction, with an exercise price equal to the fair market value of the stock on the closing date of such transaction.