SOLOMON TECHNOLOGIES INC 4
4 · SOLOMON TECHNOLOGIES INC · Filed Mar 17, 2006
Insider Transaction Report
Form 4
Laskowski Gary M
DirectorChairman of the Board
Transactions
- Other
Common Stock, Par Value $0.001 Per Share
2006-03-15$0.75/sh+7,721$5,806→ 915,221 total(indirect: See Remarks) - Other
Common Stock, Par Value $0.001 Per Share
2006-03-15+7,500→ 907,500 total(indirect: See Remarks)
Footnotes (3)
- [F1]These shares are being issued by the Issuer in consideration for Woodlaken LLC's agreement to extend the maturity of certain promissory notes of the Issuer.
- [F2]These shares are being issued in lieu of payment of accrued interest through February 28, 2006 on certain promissory notes issued by the Issuer to Woodlaken LLC.
- [F3]The Reporting Person is a managing member of Woodlaken LLC. He holds voting and dispositive power for the securities held by Woodlaken. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.