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SHELLS SEAFOOD RESTAURANTS INC·4

Jun 23, 5:44 PM ET

Herman Gary L 4

4 · SHELLS SEAFOOD RESTAURANTS INC · Filed Jun 23, 2005

Insider Transaction Report

Form 4
Period: 2005-06-22
SHELLS SEAFOOD RESTAURANTS INCSHLL
Herman Gary L
Director
Transactions
  • Award

    Stock Option to purchase Common Stock

    2005-06-13$0.76/sh+20,000$15,200→ 20,000 total
    Exercise: $0.76From: 2005-12-31Exp: 2012-06-13→ Common Stock (20,000 underlying)
  • Award

    Stock Option to purchase Common Stock, $0.01 par value

    2005-06-22$0.85/sh+20,000$17,000→ 20,000 total
    Exercise: $0.85From: 2005-07-22Exp: 2012-06-22→ Common Stock (20,000 underlying)
Footnotes (2)
  • [F1]Options vest monthly at 1,667 shares and become fully vested on 12/31/2005.
  • [F2]Option award on 6/13/2005 was provisional upon the approval by stockholders of a proposal to increase the number of authorized shares under the 2002 Employee Incentive Plan. The proposal was approved at the 6/22/2005 annual meeting of stockholders.

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT