CLARION TECHNOLOGIES INC/DE/ 4
4 · CLARION TECHNOLOGIES INC/DE/ · Filed Sep 4, 2003
Insider Transaction Report
Form 4
CLARION TECHNOLOGIES INC/DE/CLAR.OB
WIERDA CRAIG A
Director
Transactions
- Award
Series A Preferred Stock
2003-09-02+380.3→ 3,114.3 total(indirect: By Trust)Exercise: $1.75From: 2003-09-02→ Common Stock (217,314 underlying)
Footnotes (2)
- [F1]Clarion Technologies, Inc. issued 39.4 shares of Series A Preferred Stock to the Emilie D. Wierda Living Trust dated 3/1/94 as payment for the lapse of a contingency with respect to the prepayment of certain indebtedness of Clarion Technologies, Inc. owned by Craig Wierda.
- [F2]The Series A Preferred terms do not contain an expiration date. The Series A Preferred is subject to mandatory redemption on June 30, 2007.