HELM RONALD R 4
4 · PACIFIC BIOMETRICS INC · Filed Aug 29, 2006
Insider Transaction Report
Form 4
HELM RONALD R
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2006-08-25−160,000→ 0 totalExercise: $1.04Exp: 2015-06-01→ Common Stock (160,000 underlying) - Award
Common Stock
2006-08-25+400,000→ 603,000 total
Footnotes (2)
- [F1]On August 25, 2006 the issuer canceled an option granted to the reporting person on June 5, 2005. In exchange for the option, the reporting person received 400,000 shares of restricted stock.
- [F2]The canceled option provided for monthly vesting over 36 months from the date of the grant at the rate of 1/36th per month.