GENERAL ACCEPTANCE CORP /IN/ 4
4 · GENERAL ACCEPTANCE CORP /IN/ · Filed May 12, 1998
Insider Transaction Report
Form 4
Fresne, Donald C.
10% Owner
Transactions
- Exercise of In-Money
Common Stock
1999-04-20$0.25/sh+16,000,000$4,000,000(indirect: Wholly-owned subsidiary) - Exercise of In-Money
Common Stock
1999-04-20$0.30/sh+3,814,000$1,144,200(indirect: Wholly-owned subsidiary) - Exercise of In-Money
Common Stock
1999-04-27$0.25/sh+500,000$125,000→ 20,314,000 total(indirect: Wholly-owned subsidiary)
Footnotes (2)
- [1]Transferred from parent for no consideration.
- [2]On April 20, 1998, the reporting person closed on the agreement to purchase common stock which agreement was reported on the 3/98 Form 4.