ODNER BENGT GEORGE 4
4 · ENVIRONMENTAL SOLUTIONS WORLDWIDE INC · Filed Dec 3, 2010
Insider Transaction Report
Form 4
ODNER BENGT GEORGE
Director10% Owner
Transactions
- Award
Common Stock
2010-11-30−1,275,780→ 25,612,900 total
Footnotes (2)
- [F1]Reflects market price: restricted securities issued as a premium for early conversion of a debenture as previously reported by Issuer.
- [F2]Mr. Bengt George Odner is a director of Environmental Solutions Worldwide, Inc. and the beneficiary of a trust that controls Sedam Limited. The amount of securities beneficially owned includes 1,275,780 shares of common stock issued as a premium for early conversion of a debenture directly owned by Mr. Odner. The amount also includes 500,000 shares of common stock underlying director stock options previously granted and reported by Mr. Odner that may be exercised as follows: 50,000 shares at $0.27 per share, 150,000 shares at $1.00 per share and 300,000 shares at $0.71. The amount or securities beneficially owned following the reported transaction also includes as previously reported indirect ownership of 23,837,120 shares of common stock owned by Sedam Limited a corporation organized under the laws of Cyprus which is controlled by a trust of which Mr. Odner is the sole beneficiary.