The SIRG Incentive Stock Plan will have 250,000,000 shares held in reserve. All are at .05 so these guys expect SIRG pps to move above that amount!
Sierra Resource Group, Inc Table of Optionees
All Individuals
| Name | Postion/Title | Issue Date | Option Amount | Exercise Price | Grant/Vesting | Expiration | ||||||||||||||
| J. Rod Martin | CEO, Director | 08/26/2011 | 1,500,000 | $ | 0.0059 | Granted upon appointment as CEO | 08/25/2016 | |||||||||||||
| J. Rod Martin | CEO, Director | 11/27/2011 | 5,000,000 | $ | 0.0500 | 5/15/12 | 11/26/2016 | |||||||||||||
| J. Rod Martin | CEO, Director | 11/27/2011 | 5,000,000 | $ | 0.0500 | Six months after the company’s receipt of long term financing in excess of $1,000,000. | 5 Years from vesting date | |||||||||||||
| J. Rod Martin | CEO, Director | 11/27/2011 | 10,000,000 | $ | 0.0500 | Six months after the Chloride Copper Mine begins operations. | 5 Years from vesting date | |||||||||||
| J. Rod Martin | CEO, Director | 01/01/2012 | 10,000,000 | $ | 0.0500 | Upon the opening of the Chloride Copper | 5 Years from vesting date | |||||||||||
| J. Rod Martin | CEO, Director | 01/01/2012 | 10,000,000 | $ | 0.0500 | Upon the first production from the Chloride Copper | 5 Years from vesting date | |||||||||||
| J. Rod Martin | CEO, Director | 01/01/2012 | 10,000,000 | $ | 0.0500 | Upon the Company’s generation of a cumulative $5 million in revenue. | 5 Years from vesting date | |||||||||||
| J. Rod Martin | CEO, Director | 01/01/2012 | 10,000,000 | $ | 0.0500 | Upon the Company’s generation of a cumulative $10 in revenue. | 5 Years from vesting date | |||||||||||
| Barton Budman | CFO, Director | 05/10/2012 | 1,000,000 | $ | 0.0500 | Granted upon completion of consulting contract on 5/10/12. | 05/09/2017 | |||||||||||
| Barton Budman | CFO, Director | 05/10/2012 | 5,000,000 | $ | 0.0500 | Upon the implementation of the Company’s accounting software platform for the parent company as well as the operations for the Chloride Copper Mine. | 5 Years from vesting date | |||||||||||
| Barton Budman | CFO, Director | 05/10/2012 | 5,000,000 | $ | 0.0500 | When the Company begins production at the Chloride Copper Plant. | 5 Years from vesting date | |||||||||||
| Barton Budman | CFO, Director | 01/01/2012 | 5,000,000 | $ | 0.0500 | Upon the Company’s generation of a cumulative $5 million in revenue. | 5 Years from vesting date | |||||||||||
| Barton Budman | CFO, Director | 01/01/2012 | 5,000,000 | $ | 0.0500 | Upon the Company’s generation of a cumulative $10 | 5 Years from vesting date | |||||||||||
| Travis Snider | SVP Operations | 01/01/2012 | 1,250,000 | $ | 0.0500 | Upon the opening of the Chloride Copper Mine. | 5 Years from vesting date | |||||||||||
| Travis Snider | SVP Operations | 01/01/2012 | 1,250,000 | $ | 0.0500 | Upon the first production from the Chloride Copper Mine. | 5 Years from vesting date | |||||||||||
| Travis Snider | SVP Operations | 01/01/2012 | 1,250,000 | $ | 0.0500 | Upon the Company’s generation of a cumulative $5 | 5 Years from vesting date |
| Travis Snider | SVP Operations | 01/01/2012 | 1,250,000 | $0.0500 | Upon the Company’s generation of a cumulative $10 million in revenue. | 5 Years from vesting date | ||||||
| Timothy Benjamin | Chairman | 11/27/2011 | 5,000,000 | $0.0500 | 5/15/12 | 11/26/2016 | ||||||
| Timothy Benjamin | Chairman | 11/27/2011 | 5,000,000 | $0.0500 | Six months after the company’s receipt of long term financing in excess of $1,000,000. | 5 Years from vesting date | ||||||
| Timothy Benjamin | Chairman | 11/27/2011 | 10,000,000 | $0.0500 | Six months after the Chloride Copper begins operations. | 5 Years from vesting date | ||||||
| Timothy Benjamin | Chairman | 01/01/2012 | 5,000,000 | $0.0500 | Upon the opening of the Chloride Copper Mine. | 5 Years from vesting date | ||||||
| Timothy Benjamin | Chairman | 01/01/2012 | 5,000,000 | $0.0500 | Upon the first production from the Chloride Copper Mine. | 5 Years from vesting date | ||||||
| Timothy Benjamin | Chairman | 01/01/2012 | 5,000,000 | $0.0500 | Upon the Company’s generation of a cumulative $5 million in revenue. | 5 Years from vesting date | ||||||
| Timothy Benjamin | Chairman | 01/01/2012 | 5,000,000 | $0.0500 | Upon the Company’s generation of a cumulative $10 million in revenue. | 5 Years from vesting date | ||||||
| Timothy Benjamin | Chairman | 04/27/2012 | 1,000,000 | $0.0510 | Granted on 4/27/12 as annual board compensation for 2011-12 service | 5 Years from vesting date | ||||||
| Ricardo Cordon | Director | 11/27/2011 | 2,000,000 | $0.0500 | 5/15/12 | 5 Years from vesting date | ||||||
| Ricardo Cordon | Director | 11/27/2011 | 4,000,000 | $0.0500 | Six months after the company’s receipt of long term financing in excess of $1,000,000. | 5 Years from vesting date | ||||||
| Ricardo Cordon | Director | 11/27/2011 | 4,000,000 | $0.0500 | Six months after the Chloride Copper Mine begins operations. | 5 Years from vesting date | ||||||
| Ricardo Cordon | Director | 04/27/2012 | 1,000,000 | $0.0510 | Granted on 4/27/12 as annual board compensation for 2011-12 service | 5 Years from vesting date | ||||||
| Michel Rowland | Director | 11/27/2011 | 2,000,000 | $0.0500 | 5/15/12 | 5 Years from vesting date | ||||||
| Michel Rowland | Director | 11/27/2011 | 4,000,000 | $0.0500 | Six months after the company’s receipt of long term financing in excess of $1,000,000. | 5 Years from vesting date | ||||||
| Michel Rowland | Director | 11/27/2011 | 4,000,000 | $0.0500 | Six months after the Chloride Copper Mine begins operations. | 5 Years from vesting date | ||||||
| Michel Rowland | Director | 04/27/2012 | 1,000,000 | $0.0510 | Granted on 4/27/12 as annual board compensation for 2011-12 service | 5 Years from vesting date |
| Luis Munoz | Director | 11/27/2011 | 2,000,000 | $0.0500 | 5/15/12 | 5 Years from vesting date | ||||||||||
| Luis Munoz | Director | 11/27/2011 | 4,000,000 | $0.0500 | Six months after the company’s receipt of long term financing in excess of $1,000,000. |
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