Gillespie David A 4
4 · UNICO INC /AZ/ · Filed Jun 7, 2010
Insider Transaction Report
Form 4
UNICO INC /AZ/UNCO.OB
Gillespie David A
Director
Transactions
- Other
Stock Option (right to buy)
2010-05-22+150,000,000→ 150,000,000 totalExercise: $0.00→ Common Stock $0.001 par (150,000,000 underlying)
Footnotes (2)
- [F1]This is to report the grant of an option by the issuer to a non-employee director. No cash or other property was paid for the grant of the option.
- [F2]The option shall become exercisable only when Unico, Incorporated has a sufficient number of authorized and unissued shares of its common stock available to cover all the conversions or exercises of all previously issued convertible securities of Unico, Incorporated and all of the options granted to its independent directors on May 22, 2010 and the options shall be exercisable thereafter for a period of five (5) years.