ADVANCED NUTRACEUTICALS INC/TX 4
4 · ADVANCED NUTRACEUTICALS INC/TX · Filed Jul 21, 2005
Insider Transaction Report
Form 4
WELCH DAVID E
Director
Transactions
- Exercise of In-Money
Common Stock
2005-07-19$0.52/sh+3,334$1,734→ 35,000 total - Exercise of In-Money
Option (right to buy)
2005-07-19−3,334→ 6,666 totalExercise: $0.52From: 2004-12-16Exp: 2013-12-15→ Common Stock (3,334 underlying) - Exercise of In-Money
Option (right to buy)
2005-07-19−6,667→ 3,333 totalExercise: $0.63From: 2004-02-24Exp: 2013-02-23→ Common Stock (6,667 underlying) - Exercise of In-Money
Option (right to buy)
2005-07-19−5,000→ 0 totalExercise: $0.72From: 2004-09-16Exp: 2014-03-15→ Common Stock (5,000 underlying) - Exercise of In-Money
Common Stock
2005-07-19$0.72/sh+5,000$3,600→ 35,000 total - Exercise of In-Money
Common Stock
2005-07-19$0.63/sh+6,667$4,200→ 35,000 total
Holdings
- 10,000
Option (right to buy)
Exercise: $3.95From: 2005-07-12Exp: 2015-01-11→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]This amount (i) represents the total beneficial ownership of the Reporting Person following all of the transactions reported on this Form 4 and (ii) includes 19,999 shares of common stock underlying options to purchase common stock, whether or not presently exercisable.
- [F2]Options were granted on February 24, 2003 and become exercisable in three equal annual installments on February 24, 2004, 2005 and 2006.
- [F3]Option was granted for no consideration.
- [F4]Options were granted on December 16, 2003 and become exercisable in three equal annual installments on December 16, 2004, 2005 and 2006.