AMERICAN EDUCATION CORP 4
4 · AMERICAN EDUCATION CORP · Filed Jan 4, 2006
Insider Transaction Report
Form 4
BUTLER JEFFREY E
DirectorPresident
Transactions
- Award
Common Stock
2005-12-30+165,000→ 1,032,270 totalExercise: $0.62From: 2005-12-30Exp: 2008-12-29→ Common Stock (165,000 underlying) - Award
Common Stock
2005-12-30+50,470→ 1,032,270 totalExercise: $0.62From: 2005-12-30Exp: 2008-12-29→ Common Stock (50,470 underlying)
Footnotes (2)
- [F1]These options are qualified options issued pursuant to the Company's 1998 Stock Option Plan for Employees. They are immediately vested and expire on December 29, 2008.
- [F2]These options are non-qualified options that vest immediately and expire on December 29, 2008.