MARKLAND TECHNOLOGIES INC 4
4 · MARKLAND TECHNOLOGIES INC · Filed Jun 2, 2005
Insider Transaction Report
Form 4
Mackin Joseph Paul
DirectorChief Operations Officer
Transactions
- Award
Common Stock
2005-05-18+2,500,000→ 4,500,000 total - Sale
Common Stock
2005-05-27$0.08/sh−630,200$50,731→ 4,850,286 total - Award
Common Stock
2005-05-18+1,250,286→ 5,750,286 total - Sale
Common Stock
2005-05-26$0.09/sh−269,800$22,987→ 5,480,486 total - Disposition to Issuer
Nonqualified Employee Stock Options (right to buy)
2005-05-18−1,250,286→ 0 totalExercise: $0.38From: 2005-01-03Exp: 2014-06-29→ Common Stock (1,250,286 underlying)
Footnotes (3)
- [F1]Shares issued pursuant to an employment agreement.
- [F2]Price does not apply.
- [F3]Pursuant to a transaction in which Nonqualified Employee Stock Options to purchase 1,250,286 shares of Common Stock at an exercise price of $0.3775 per share belonging to the reporting person were cancelled and 1,250,286 shares of Common Stock were issued to the reporting person.