TITAN CORP 5/A
5/A · TITAN CORP · Filed Aug 24, 2004
Insider Transaction Report
Form 5/AAmended
TITAN CORPTTN
RAY GENE W
DirectorCHAIRMAN, PRESIDENT & CEO
Transactions
- Discretionary Transaction
Common Stock in ESOP Plan
2002-12-31+1,479→ 12,541 total(indirect: By Trust) - Gift
Common Stock
2002-12-12−1,775→ 311,886 total - Discretionary Transaction
Common Stock in 401(k) Plan
2002-12-31+252→ 76,479 total(indirect: By 401(k))
Holdings
- 1,254,542
Employee Stock Options (right to buy)
→ Common Stock (0 underlying) - 10,000(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Shares of the issuer acquired by the reporting person during the fiscal year under The Titan Corporation 401(k) Consolidated Retirement Plan at prices ranging from $8.86 to $25.10 per share, in transactions exempt from Section 16(b). The information is presented as of December 31, 2002.
- [F2]Shares were acquired under the terms of The Titan Corporation Employee Stock Ownership Plan (ESOP) as a result of the sale of shares of SureBeam Corporation received by the reporting person as a dividend in the ESOP through the Spin-off of SureBeam Corporation by the issuer on August 5, 2002. Pursuant to the terms of the ESOP, a proportionate percentage of the SureBeam shares received in each participants account are to be sold every two weeks over the course of twelve months, and the proceeds used to purchase unrestricted shares of the issuer. The shares were acquired at prices ranging from $9.99 to $12.40 per share, in transactions exempt from Section 16(b). The information is presented as of 12/31/02.
- [F3]Bona fide gift by the reporting person to Murray State University Foundation, Inc.
- [F4]Amounts carried forward from Form 4 previously filed by the reporting person for November 18, 2002.