Nextsource Materials Inc (NSRCF)

[maseraticoupe]

Spartex.....


11. Stock Options




The Company's stock option plan is restricted to a maximum of 43,000,000 stock options. As of March 31, 2016 there were 41,965,000 stock options outstanding with a weighted average expiration of 2.52 years. All the stock outstanding options vested on their grant date.





Grant

Date

Expiration

Date

Exercise Price

Balance as of March 31, 2016


July 1, 2011

July 1, 2016

$0.30

3,300,000


July 13, 2012

July 13, 2016

$0.29

1,650,000


October 24, 2011

October 24, 2016

$0.20

1,640,000


December 1, 2011

December 1, 2016

$0.21

1,785,000


March 7, 2012

March 4, 2017

$0.28

4,900,000


May 23, 2012

May 23, 2017

$0.23

180,000


February 27, 2013

February 27, 2018

$0.21

4,900,000


July 9, 2013

July 9, 2018

$0.11

1,080,000


September 19, 2013

July 19, 2018

$0.15

675,000


October 9, 2013

October 9, 2018

$0.13

250,000


January 10, 2014

January 10, 2019

$0.18

4,400,000


July 3, 2014

July 3, 2019

$0.15

4,275,000


February 26, 2015

February 26, 2020

$0.20

4,430,000


December 22, 2015

December 22, 2020

$0.06

8,500,000


Total Outstanding

41,965,000