WASSERMAN GERALD B 4
4 · HUFFY CORP · Filed Sep 30, 2003
Insider Transaction Report
Form 4
HUFFY CORPHUF
WASSERMAN GERALD B
Director
Transactions
- Other
Common Stock
2003-09-26$7.75/sh+315$2,441→ 9,266 total
Footnotes (1)
- [F1]The reporting person acquired these shares in exchange for shares of Gen-X Sports Inc. he owned, pursuant to Gen-X Sports' merger into a subsidiary of the issuer. The merger agreement, which was entered into on June 5, 2002, placed a value on the issuer's common stock of $7.75 a share. These shares were held back by the issuer for one year after closing to satisfy potential indemnification claims under the merger agreement and have been subsequently issued as a result of the expiration of the indemnification period.