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4//SEC Filing

Oilsands Quest Inc 4

Accession 0001209191-08-045698

CIK 0001096791operating

Filed

Aug 4, 8:00 PM ET

Accepted

Aug 5, 9:21 PM ET

Size

7.7 KB

Accession

0001209191-08-045698

Insider Transaction Report

Form 4
Period: 2008-08-01
O'Donoghue Paul K
VP Inv Relations/Corp. Plan'g
Transactions
  • Award

    Stock Option

    2008-08-01+300,000300,000 total
    Exercise: $4.51From: 2008-08-01Exp: 2013-08-01Common stock (300,000 underlying)
Holdings
  • Stock Option

    Exercise: $4.00From: 2008-03-14Exp: 2013-03-14Common Stock (200,000 underlying)
    200,000
Footnotes (2)
  • [F1]Mr. O'Donoghue was granted 200,000 options pursuant to the Company's 2006 Stock Option Plan on March 14, 2008. The options vest either (i) 25% immediately and 25% each year for three years after the date of grant (March 14, 2009, March 14, 2010, and March 14, 2011); or (ii) 100% vesting upon a merger, acquisition, sale or a change in control. This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(d).
  • [F2]Mr. O'Donoghue was granted 300,000 options pursuant to the Company's 2006 Stock Option Plan on August 1, 2008. The options vest either (i) 25% immediately and 25% each year for three years after the date of grant (August 1, 2009, August 1, 2010, and August 1, 2011); or (ii) 100% vesting upon a merger, acquisition, sale, or change in control. This transaction is exempt from Section 16(b) pursuant to Rule 16b-3(d).

Issuer

Oilsands Quest Inc

CIK 0001096791

Entity typeoperating

Related Parties

1
  • filerCIK 0001096791

Filing Metadata

Form type
4
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 9:21 PM ET
Size
7.7 KB