SERKES JEFFREY D 4
4 · REFAC OPTICAL GROUP · Filed Jun 28, 2006
Insider Transaction Report
Form 4
SERKES JEFFREY D
Director
Transactions
- Award
Options to acquire common stock
2006-06-26+19,425→ 50,000 totalExercise: $8.00Exp: 2016-06-26→ Common Stock (19,425 underlying) - Award
Options to acquire common stock
2006-06-26+575→ 50,000 totalExercise: $8.00From: 2006-07-31Exp: 2016-06-26→ Common Stock (575 underlying)
Footnotes (3)
- [F1]Options to acquire Refac Optical Group (the "Company") common stock were received by Mr. Serkes in connection with his service as a director of the Company.
- [F2]Options to acquire 30,000 shares of the Company's common stock were received by Mr. Serkes as a director of the Company. Such options have a per share exercise price of $4.50, are fully exercisable and expire on May 19, 2013.
- [F3]Options to acquire 19,425 shares of common stock will become exercisable at a rate of 555 per month on the last calendar day of each month beginning on August 31, 2006.