LCS INDUSTRIES INC 4
4 · LCS INDUSTRIES INC · Filed Feb 10, 1999
Insider Transaction Report
Form 4
Fresne, Donald C.
Officer
Transactions
- Disposition from Tender
Common Stock $.01 par value
1999-01-22$17.50/sh−86,629$1,516,008 - Disposition from Tender
(1) Incentive Stock Option
1999-01-22+40,000Exercise: $13.75→ Common Stock (40,000 underlying) - Disposition from Tender
(1) Incentive Stock Option
1999-01-22+88,000Exercise: $2.61→ Common Stock (88,000 underlying)
Footnotes (1)
- [1]Option cancelled in connection with merger agreement dated December 17, 1998. Optionee paid excess of $17.50 over exercise price. /s/William Rella 2/5/99 ----------------------------- -----------