PRECISION AUTO CARE INC 5

5 · PRECISION AUTO CARE INC · Filed Jul 18, 2005

Form 5

Period: 2005-06-30

Sr. V.P. Marketing & Advertisi

Transactions

Purchase
Common Stock
2003-06-30+0→ 21,989 total
Award
Stock Option
2004-09-28$0.62/sh+60,000$37,200→ 150,000 total
Exercise: $0.62From: 2004-09-28Exp: 2014-09-28→ Common Stock (60,000 underlying)
Award
Stock Option
2001-05-31$0.44/sh+65,000$28,600→ 65,000 total
Exercise: $0.44Exp: 2011-05-31→ Common Stock (65,000 underlying)
Award
Stock Option
2002-09-27$0.44/sh+25,000$11,000→ 90,000 total
Exercise: $0.44Exp: 2012-09-27→ Common Stock (25,000 underlying)

Footnotes (3)

[F1]No transaction ocurred the fiscal year of June 30, 2004, to June 30, 2005. Reporting only the Amount of Securities owned at the end of the fiscal year.
[F2]May 31, 2001, PACI Board of Directors re-purchased outstanding options of current employees at $.02 per share and re-issued a new option agreement for the same number of shares as held previously. On or after May 31, 2001, 100% vested (15,000 shares) On or after May 31, 2002, 33 1/3% vested immediately (3,333 shares) On or after May 31, 2003, 66 2/3% vested (3,333 shares) On or after May 31, 2004, 100% vested (3,334 shares)
[F3]Pursuant to 1999 Stock Option & Restricted Stock Plan On or after April 23, 2004, 33 1/3% vested On or after April 23, 2005, 66 2/3% vested On or after April 23, 2006, 100% vested

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