SOLOMON TECHNOLOGIES INC 4
4 · SOLOMON TECHNOLOGIES INC · Filed Jan 23, 2008
Insider Transaction Report
Form 4
Brandt Gary G
Other
Transactions
- Disposition to Issuer
Common Stock, par value $0.001 per share
2008-01-03−110,000→ 90,000 total - Disposition to Issuer
Common Stock, par value $0.001 per share
2008-01-09$0.24/sh−80,000$19,200→ 10,000 total - Disposition to Issuer
Common Stock, par value $0.001 per share
2008-01-10$0.23/sh−10,000$2,300→ 500,000 total - Award
Common Stock, par value $0.001 per share
2008-01-09+333,000→ 343,000 total - Award
Common Stock, par value $0.001 per share
2008-01-09+167,000→ 510,000 total
Footnotes (3)
- [F1]These shares were restricted shares that were forfeited upon the Reporting Person's resignation of employment with the Issuer.
- [F2]The Reporting Person resigned from his position with the Issuer effective January 3, 2008, and entered into an Agreement and Mutual Release (the "Agreement") and a Consulting Agreement and Plan (the "Consulting Agreement") with the Issuer. These shares were issued pursuant to, and in consideration for, the Reporting Person's agreement to enter into the Consulting Agreement and for payment of past expenses.
- [F3]Payment for services under the Consulting Agreement.