Ainsworth Walt 4
4 · CENTRAL FREIGHT LINES INC · Filed Aug 6, 2004
Insider Transaction Report
Form 4
Ainsworth Walt
Executive Vice President
Transactions
- Award
Employee Stock Option (right to buy) Common Stock
2004-08-04+150,000→ 150,000 totalExercise: $7.35From: 2005-08-05Exp: 2014-08-05→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Options for 30,000 shares will become exercisable on August 5 in each of 2005, 2006, 2007, 2008, and 2009.
- [F2]Upon exercise, the derivative security converts on a one-for-one basis into Common Stock. The reporting person does not have to pay for the derivative security upon grant. The exercise price of the derivative security is set forth in Column 2 of Table II of this report.