ROODT CORNELIUS J 4
4 · SILVERSTAR HOLDINGS LTD · Filed Dec 22, 2006
Insider Transaction Report
Form 4
ROODT CORNELIUS J
Director
Transactions
- Exercise/Conversion
Option to buy class A common stock.
2006-12-18−10,000→ 50,000 totalExercise: $0.42From: 2001-12-18Exp: 2006-12-18→ Common Stock (10,000 underlying) - Exercise/Conversion
Class A Common Stock
2006-12-18$0.42/sh+10,000$4,200→ 36,609 total
Footnotes (1)
- [F1]Class B Common Stock and Class A Common Stock are substantially identical except that the holders of Class B Common Stock have five votes per share on each matter considered by shareholders of Silverstar Holdings Ltd. Each share of Class B Common Stock is automatically converted into one share of Class A Common Stock upon sale of the Class B Common Stock or death of the holder of the Class A Common Stock.