CHRISTON LESLIE J 4
4 · SHELLS SEAFOOD RESTAURANTS INC · Filed Jun 23, 2005
Insider Transaction Report
Form 4
CHRISTON LESLIE J
DirectorCEO and President
Transactions
- Award
Stock Option to purchase Common Stock, $0.01 par value
2005-06-13$0.76/sh+450,000$342,000→ 450,000 totalExercise: $0.76From: 2005-12-31Exp: 2012-06-13→ Common Stock (450,000 underlying)
Footnotes (2)
- [F1]Option award was provisional upon the approval by shareholders of a proposal to increase the number of shares authorized under the 2002 Employee Incentive Plan. The proposal was approved at the annual meeting of shareholders on 6/22/2005.
- [F2]Options vest 1/3 on 12/31/2005, 06/13/2007 and 06/13/2008.