Takesue Timothy E 4
4 · CAPE COASTAL TRADING CORP · Filed Jan 3, 2006
Insider Transaction Report
Form 4
Takesue Timothy E
EVP Merchandising
Transactions
- Award
Employee Stock Option (right to buy)
2005-12-29+500,000→ 500,000 totalExercise: $4.50Exp: 2015-12-29→ Common Stock (500,000 underlying) - Award
Common Stock
2005-12-29+687,998→ 687,998 total
Footnotes (2)
- [F1]Received in exchange for 296.54 shares of Non-Voting Common Stock of uBid, Inc. ("uBid") in connection with the merger of uBid Acquisition Co., Inc., a wholly-owned subsidiary of Issuer, with and into uBid. On the effective date of the merger, the Issuer sold shares of common stock in a private placement for $4.50 per share.
- [F2]Original option (500,000 shares) exercisable: 166,667 shares on December 29, 2007 and December 29, 2008, and 166,666 shares on December 29, 2009.