KOMLOSY STEPHEN A 5
5 · AVATAR SYSTEMS INC · Filed Feb 14, 2005
Insider Transaction Report
Form 5
AVATAR SYSTEMS INCAVSY.OB
KOMLOSY STEPHEN A
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2004-12-10$0.59/sh+25,000$14,750→ 1,680,002 total(indirect: See Footnotes) - Expiration (Short)
Warrant
2004-12-10$0.01/sh−600,000$8,820→ 0 totalExercise: $1.00From: 2000-07-10Exp: 2005-07-10→ Common Stock (600,000 underlying) - Expiration (Short)
Warrant
2004-12-10$0.01/sh−1,000,000$14,700→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2000-07-10Exp: 2005-07-10→ Common Stock (1,000,000 underlying) - Exercise/Conversion
Common Stock
2004-12-10$0.59/sh+15,000$8,850→ 15,000 total
Footnotes (3)
- [F1]Includes 1,679,002 shares owned by London & Boston Investments, Plc.
- [F2]Includes 1,000 shares owned by General Trading Corporation, Ltd. a family company. Mr. Komlosy has the authority to vote such shares
- [F3]Includes 1,000,000 shares which may be issued to London & Boston Investments, Plc upon exercise of 1,000,000 warrants at $1.00 per share.