RONNHEDE BJORN 4
4 · DIGITAL RECORDERS INC · Filed Aug 25, 2005
Insider Transaction Report
Form 4
RONNHEDE BJORN
Other
Transactions
- Award
TBUS Common Stock Options
2005-08-23$2.80/sh+20,000$56,000→ 30,000 totalExercise: $2.80From: 2006-08-23Exp: 2015-08-23→ TBUS Common Stock (20,000 underlying)
Holdings
- 0
TBUS Common Stock
Footnotes (1)
- [F1]Subject to the Plan's provisions concerning termination of options, thirty-three percent (33%) of the shares purchasable shall be exercisable in whole or in part (but only in multiples of 100 Shares unless such exercise is as to the remaining balance of this Option) on or after each year, commencing on August 23, 2006 and must be purchased before the tenth anniversary of the date hereof.