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LXRP.OB > SEC Filings for LXRP.OB > Form 8-K on 4-Mar-2009All Recent SEC Filings

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Form 8-K for LEXARIA CORP.

4-Mar-2009

Unregistered Sale of Equity Securities, Financial Statements and Exhibits


Item 3.02 Unregistered Sales of Equity Securities

On July 20, 2007, the Company had adapted a Stock Option Plan. Based on this original Stock Option Plan, on March 4, 2009, the Company has granted additional 800,000 stock options to its directors and consultants of the Company. The exercise price of the stock options is $0.12, which are vested immediately and expires July 20, 2011.

The following are the recipients and the options granted:

Christopher Bunka

400,000

Leonard MacMillan

200,000

Ken Brooks

100,000

Thomas Ihrke

50,000

Bal Bhullar

50,000



ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

Exhibit No. Description
10.1 Stock Option Agreement, dated March 4, 2009

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