CLARION TECHNOLOGIES INC/DE/ 4
4 · CLARION TECHNOLOGIES INC/DE/ · Filed Jul 31, 2006
Insider Transaction Report
Form 4
CLARION TECHNOLOGIES INC/DE/CLAR.OB
WIERDA CRAIG A
Director
Transactions
- Award
Series A Preferred Stock
2006-07-27+67.5→ 67.5 total(indirect: By LLC)Exercise: $1.75From: 2006-07-31→ Common Stock (38,571 underlying)
Footnotes (3)
- [F1]Clarion Technologies, Inc. issued 67.5 shares of Series A Preferred Stock to Crown Realty Holdings, LLC as consideration for a loan made to Clarion Techologies, Inc.
- [F2]The obligation to issue the Series A Preferred Stock was created on July 27, 2006; however, the Series A Preferred Stock was issued on July 31, 2006.
- [F3]The Series A Preferred terms do not contain an expiration date. The Series A Preferred is subject to mandatory redemption on June 30, 2007.