ODNER BENGT GEORGE 4
4 · ENVIRONMENTAL SOLUTIONS WORLDWIDE INC · Filed Jun 26, 2009
Insider Transaction Report
Form 4
ODNER BENGT GEORGE
Director10% Owner
Transactions
- Exercise/Conversion
Stock Options
2009-06-24$0.50/sh−850,000$425,000→ 12,500,000 total(indirect: see footnote #2)Exercise: $0.50From: 2004-08-11Exp: 2009-08-11→ Restricted Common Stock (850,000 underlying) - Exercise/Conversion
Restricted Common Stock
2009-06-24$0.50/sh+850,000$425,000→ 9,329,943 total(indirect: see footnote #1)
Footnotes (2)
- [F1]Of the 9,329,943 shares of common stock beneficially owned by the Reporting Person, same includes 4,745,238 shares directly beneficially owned by AB Odnia. The Reporting Person is a director of AB Odnia. Also includes 1,000,000 shares of common stock owned by Ledelle Holdings Limited. The Reporting Person is the beneficiary of a trust that controls Ledelle Holdings Limited. Also includes 2,734,705 shares of common stock and an additional 850,000 shares of common stock which is the subject matter of this beneficial ownership report which were acquired by the Reporting Person through an exercise of stock options.
- [F2]Includes 500,000 shares of common stock underlying stock options and 10,264,308 shares of common stock underlying convertible debentures issued to the Reporting Person as well as 1,735,692 shares of common stock underlying convertible debenture beneficially owned by Ledelle Holdings Limited.