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4//SEC Filing

DATATEC SYSTEMS INC 4

Accession 0000921895-04-000192

CIK 0000768119operating

Filed

Feb 10, 7:00 PM ET

Accepted

Feb 11, 5:08 PM ET

Size

6.7 KB

Accession

0000921895-04-000192

Insider Transaction Report

Form 4
Period: 2003-12-29
PUPO RAUL F L
DirectorChief Executive Officer
Transactions
  • Award

    Stock Option (Right to Buy)

    2003-12-29+4,000,0004,000,000 total
    Exercise: $0.00Exp: 2008-12-28Common Stock, $.001 par value per share (4,000,000 underlying)
Footnotes (2)
  • [F1]The shares underlying the option shall vest on the following dates with the following exercise prices: 333,333 shares on January 1, 2004, 333,333 shares on March 31, 2004 and 333,334 shares on June 30, 2004, all at an exercise price of $0.50 per share, 333,333 shares on September 30, 2004, 333,333 shares on December 31, 2004 and 333,334 shares on March 31, 2005, all at an exercise price of $1.00 per share, 333,333 shares on June 30, 2005, 333,333 shares on September 30, 2005 and 333,334 shares on December 31, 2005, all at an exercise price of $2.00 per share and 333,333 shares on March 31, 2006, 333,333 shares on June 30, 2006 and 333,334 shares on September 30, 2006, all at an exercise price of $3.00 per share.
  • [F2]The option was granted to Mr. Pupo in consideration for services rendered to the Issuer.

Documents

1 file

Issuer

DATATEC SYSTEMS INC

CIK 0000768119

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000768119

Filing Metadata

Form type
4
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 5:08 PM ET
Size
6.7 KB