SHASHOUA EZRA 4
4 · CRUZAN INTERNATIONAL, INC. · Filed Jul 1, 2005
Insider Transaction Report
Form 4
SHASHOUA EZRA
EVP - CFO
Transactions
- Award
Options to purchase common stock
2005-02-24+80,000→ 80,000 totalExercise: $12.55From: 2005-03-31Exp: 2015-02-24→ common stock (80,000 underlying)
Footnotes (3)
- [F1]These options were granted pursuant to the Company's 2004 Stock Option Plan and were exempt from the short-swing profit liability provisions of Section 16 pursuant to Rule 16b-3.
- [F2]The Company's Compensation and Stock Option Committee granted these options on and as of February 24, 2005; however, the Incentive Stock Option Agreement was not executed until June 2005.
- [F3]These options vest and become exercisable in sixteen (16) equal quarterly installments of 5,000 shares each, with the first installment vesting on March 31, 2005, and the remaining 15 installments to vest on the last day of each successive calendar quarter thereafter, provided that Mr. Shashoua is still employed by the Company on such vesting date.