BEASLEY CHARLES A 4
4 · SYNDICATED FOOD SERVICE INTERNATIONAL INC · Filed Oct 14, 2003
Insider Transaction Report
Form 4
BEASLEY CHARLES A
DirectorSecretary
Transactions
- Award
Common Stock Warrants (Right to Buy)
2003-03-07+200,000→ 200,000 totalExercise: $0.25From: 2003-03-07Exp: 2008-03-07→ Common Stock (200,000 underlying) - Award
Common Stock
2003-08-29+229,358→ 688,074 total
Footnotes (2)
- [F1]The shares were part of the consideration for the reporting person's agreement to forbear from declaring the Issuer in default on a $1,266,420 promissory note delivered in connection with the Company's original acquisition of real property and two subsidiaries from the reporting person. The shares received have an approximate value of $.01 per share.
- [F2]Warrants were granted by the Issuer to each director, including the reporting person, and do not have a purchase price.