ODNER BENGT GEORGE 4/A
4/A · ENVIRONMENTAL SOLUTIONS WORLDWIDE INC · Filed Jan 6, 2006
Insider Transaction Report
Form 4/AAmended
ODNER BENGT GEORGE
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2005-12-22$0.30/sh+588,235$176,471→ 4,848,134 total(indirect: See Note 1) - Conversion
Warrants
2005-12-22$0.15/sh−1,176,470$176,471→ 4,175,000 total(indirect: See Note 2)Exercise: $0.15From: 2002-10-10Exp: 2006-04-27→ Common Stock (588,235 underlying)
Footnotes (2)
- [F1]Includes 2,234,705 shares of common stock owned directly by Mr. Odner of which 588,235 were obtained by the exercise of 1,176,470 warrants reflected on Table II in this Form 4 (each warrant exercisable at $0.15 for 1/2 share of Environmental Solutions Worldwide common stock). Also includes 2,096,429 shares of common stock owned by AB Odnia. Mr Odner serves as a director of AB Odnia and claims indirect ownership interest in the shares owned by AB Odnia. Also includes 517,000 shares of common stock owned by Ledelle Holding Limited. Mr. Odner claims indirect ownership interest in the shares owned by Ledelle Holding Limited as he is the beneficiary of a trust that controls Ledelle Holding Limited.
- [F2]Includes 16,667 shares of common stock underlying options which will vest on August 6, 2006. Also includes indirect beneficial ownership of 2,500,000 shares of common stock underlying a convertible debenture and 625,000 shares of common stock underlying warrants owned by AB Odnia.