Chang Francis 4
4 · Electronic Sensor Technology, Inc · Filed Mar 6, 2007
Insider Transaction Report
Form 4
Chang Francis
Director
Transactions
- Award
Stock Option (right to buy)
2007-03-05+40,000→ 40,000 totalExercise: $0.19From: 2007-03-05Exp: 2017-03-05→ Common Stock (40,000 underlying)
Holdings
- 80,000
Stock Option (right to buy)
Exercise: $1.00From: 2005-02-01Exp: 2015-02-01→ Common Stock (80,000 underlying) - 257,247(indirect: By LLC)
Warrant (right to buy)
Exercise: $1.00From: 2005-02-01Exp: 2010-02-01→ Common Stock (257,247 underlying) - 50,000
Stock Option (right to buy)
Exercise: $0.24Exp: 2017-01-16→ Common Stock (50,000 underlying) - 3,595,913(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Mr. Chang is the sole member of 3 Springs, LLC.
- [F2]Such warrant is only exercisable if the trading price of the Common Stock of the issuer is at least $1.50 per share.
- [F3]The options granted to Mr. Chang will vest as follows: one half of the options shares were fully vested upon grant of the options and one half will vest on November 1, 2007.