SHELLS SEAFOOD RESTAURANTS INC 4
4 · SHELLS SEAFOOD RESTAURANTS INC · Filed Feb 17, 2005
Insider Transaction Report
Form 4
Herman Gary L
Director
Transactions
- Exercise of In-Money
Common Stock, $0.01 par per share
2005-01-31$0.16/sh+93,750$15,000→ 93,750 total - Exercise of In-Money
Common Stock, $0.01 par per share
2005-01-31$0.16/sh+192,190$30,750→ 392,190 total(indirect: See Footnote.)
Holdings
- 400,000(indirect: See Footnote.)
Warrant to purchase Common Stock
Exercise: $0.50From: 2005-01-31Exp: 2007-01-31→ Warrant to purchase Common Stock (400,000 underlying)
Footnotes (4)
- [F1]The Common Stock was acquired pursuant to the exercise of the remaining portion of a warrant.
- [F2]Represents shares acquired by the exercise of the remaining portion of a warrant owned by affiliated entities of the Reporting Person.
- [F3]Includes shares owned by Galloway Capital Management, LLC and a trust for the benefit of Mr. Herman's children. Mr. Herman is a managing member of Galloway Capital Management, LLC and trustee of the aforementioned trust.
- [F4]The warrant is held by GCM Shells Seafood Partners, LLC of which Mr. Herman is a managing member.