ELLIS GORDON LLOYD 4
4 · INTERNATIONAL ABSORBENTS INC · Filed May 26, 2004
Insider Transaction Report
Form 4
ELLIS GORDON LLOYD
DirectorCEO, President
Transactions
- Exercise/Conversion
Stock Options
2004-05-25$1.80/sh−75,000$135,000→ 50,000 totalExercise: $1.80From: 2002-08-02Exp: 2005-01-02→ Common Stock (75,000 underlying) - Exercise/Conversion
Common Stock
2004-05-25$1.80/sh+30,000$54,000→ 123,975 total - Exercise/Conversion
Common Stock
2004-05-25$1.80/sh+10,000$18,000→ 10,000 total(indirect: Shelan Development Corp.) - Exercise/Conversion
Common Stock
2004-05-25$1.80/sh+35,000$63,000→ 110,000 total(indirect: ABE Industries (1980) Inc.)