Home/Filings/5/0001005477-05-000652
5//SEC Filing

BANYAN CORP /OR/ 5

Accession 0001005477-05-000652

CIK 0001086473operating

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 4:59 PM ET

Size

10.2 KB

Accession

0001005477-05-000652

Insider Transaction Report

Form 5
Period: 2004-12-31
Gelmon Michael J
DirectorChief Executive Officer10% Owner
Transactions
  • Other

    Class A Common

    2004-08-259,600,0004,000,000 total
  • Other

    Class A Common

    2004-12-03+3,000,0004,000,000 total
  • Other

    Option to Buy

    2004-11-01+2,000,0004,500,000 total
    Exercise: $0.14From: 2004-11-01Exp: 2009-11-01Class A Common (2,000,000 underlying)
Holdings
  • Common Stock

    4,000,000
Footnotes (1)
  • [F1]On August 25, 2004, the reporting person returned 9,600,000 shares to the issuer for cancellation as a contribution of shares. The issuer repaid the contribution of shares in part on December 3, 2004 by issuing the reporting person 3,000,000 shares, and inends to repay the reporting person 6,600,000 shares when enough shares are available to repay the reporting person. The reporting person disclaims beneficial ownership of the shares to be repaid.

Issuer

BANYAN CORP /OR/

CIK 0001086473

Entity typeoperating
IncorporatedOR

Related Parties

1
  • filerCIK 0001086473

Filing Metadata

Form type
5
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 4:59 PM ET
Size
10.2 KB