EUROAMERICAN GROUP INC 4
4 · EUROAMERICAN GROUP INC · Filed Aug 16, 1996
Insider Transaction Report
Form 4
Fresne, Donald C.
DirectorChief Executive Officer10% Owner
Holdings
- 70,000(indirect: By Doupsi (a corporation))
Common Stock, $.001 par
Footnotes (4)
- [1]13.3333% of the Common Stock subject to a maximum of 3,387,258 shares. On April 15, 1996, the maximum number of shares was fixed and the expiration date was extended to January 23, 2000.
- [2]Reflects compensation that would be deferred through August 31, 1996.
- [3]The Series A Preferred Stock is convertible into Common Stock as follows: if converted on November 30, 1996, 8 shares for each share of Series A Preferred Stock; 7 shares if converted on November 30, 1997; and 6 shares if converted on November 30, 1998.
- [4]The option to buy was received in exchange for compensation reductions through August 31, 1996 aggregating this amount.