WAHLCO ENVIRONMENTAL SYSTEMS INC 4
4 · WAHLCO ENVIRONMENTAL SYSTEMS INC · Filed Jun 18, 1998
Insider Transaction Report
Form 4
BEAL, C. STEPHEN
DirectorPRESIDENT & CEO
Transactions
- Disposition to Issuer
EMPLOYEE STOCK OPTION (right to buy)
1998-05-19−52,947Exercise: $4.90→ COMMON STOCK (52,947 underlying) - Award
EMPLOYEE STOCK OPTION (right to buy)
1998-05-19+450,000→ 450,000 totalExercise: $0.88→ COMMON STOCK (450,000 underlying)
Footnotes (2)
- [1]Exercisable as to one-half of the shares on the grant date and as to one-quarter of the shares on each of the first and second anniverariesof the grant date.
- [2]Exercisable as to 300,000 shares on the grant date and 50,000 shares on each of the next three anniversaries of the grant date.