LIGHTBRIDGE Corp — Director's Dealing 2009

Jul 17, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Thorium Power, Ltd (THPW.OB)
CIK: 0001084554
Period of Report: 2009-07-14

Reporting Person: GRAE SETH (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-07-14	Common Stock	A	1009868	—	Acquired	14524133	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-07-14	Stock Option (Right to Buy)	$0.17	A	3386029	Acquired	2019-07-13	Common Stock (3386029)	Direct

Footnotes

F1: Grant of restricted shares under the Issuer's Second Amended and Restated 2006 Stock Plan. The restricted stock will vest
over three years, with one-third vesting on each anniversary of the date of grant.

F2: Grant of a non-qualified stock option under the Issuer's Second Amended and Restated 2006 Stock Plan.

F3: The option is subject to a three-year vesting schedule, with one-third vesting on each anniversary of the date of grant.