KURINSKY HERBERT 4
4 · FIRST MONTAUK FINANCIAL CORP · Filed Jan 5, 2004
Insider Transaction Report
Form 4
KURINSKY HERBERT
Director
Transactions
- Award
Incentive Stock Rights
2004-01-01+375,000→ 375,000 total→ Common Stock (375,000 underlying)
Footnotes (1)
- [F1]In connection with a new Employment Agreement, Mr. Kurinsky has been granted 375,000 incentive stock units subject to incentive periods of three months for the first 1/3 of the grant amount, six months for the next 1/3 of the grant amount, and nine months for the final 1/3 of the total grant amount, based upon Mr. Kurinsky's continuous employment with the Company during the incentive periods.