Marino Joseph W 4
4 · REFAC OPTICAL GROUP · Filed Jun 28, 2006
Insider Transaction Report
Form 4
Marino Joseph W
Director
Transactions
- Award
Options to acquire common stock
2006-06-26+575→ 28,282 totalExercise: $8.00From: 2006-07-31Exp: 2016-06-26→ Common Stock (575 underlying) - Award
Options to acquire common stock
2006-06-26+19,425→ 28,282 totalExercise: $8.00Exp: 2016-06-26→ Common Stock (19,425 underlying)
Footnotes (3)
- [F1]Options to acquire Refac Optical Group (the "Company") common stock were received by Mr. Marino in connection with his service as a director of the Company.
- [F2]Options to acquire 8,282 shares of common stock were acquired in connection with the Company's acquisition of U.S. Vision, Inc. on March 6, 2006. These options are currently exercisable, have exercise prices of $4.95 and expire on April 27, 2010.
- [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.