NCT GROUP INC 4/A
4/A · NCT GROUP INC · Filed Jun 2, 2005
Insider Transaction Report
Form 4/AAmended
NCT GROUP INCNCTI
OOLIE SAMUEL A
Director
Transactions
- Award
Option to acquire Common Stock
2004-03-17$0.05/sh+1,285,000$61,680→ 1,285,000 totalExercise: $0.05From: 2004-03-17Exp: 2011-03-17→ Common Stock (1,285,000 underlying)
Footnotes (2)
- [F1]This amendment is being filed to correct the number of options awarded.
- [F2]The option is exercisable only upon stockholder approval of a sufficient increase in the number of shares of issuer's authorized common stock and the number of shares issuable under issuer's 2001 Stock and Incentive Plan. On December 31, 2004, the vesting of these options was accelerated to immediately vest all of these options.