PRECISION AUTO CARE INC 5
5 · PRECISION AUTO CARE INC · Filed Jul 22, 2005
Insider Transaction Report
Form 5
ALLEN WOODLEY
Director
Transactions
- Award
Stock Option
2000-04-12+2,500→ 22,500 totalExp: 2010-04-12→ Common Stock (2,500 underlying) - Award
Stock Option
2000-08-04$0.22/sh+50,000$10,950→ 72,500 totalExercise: $0.22From: 2000-08-04Exp: 2005-08-04→ Common Stock (50,000 underlying) - Award
Stock Option
1998-12-31$3.63/sh+10,000$36,250→ 20,000 totalExercise: $3.63Exp: 2008-12-31→ Common Stock (10,000 underlying) - Purchase
Common Stock
2003-06-30+0→ 38,338 total - Other
Warrant
2003-11-11$0.44/sh+36,380$16,007→ 108,880 totalExercise: $0.44Exp: 2008-06-30→ Common Stock (36,380 underlying) - Award
Stock Option
1997-02-19$10.00/sh+10,000$100,000→ 10,000 totalExercise: $10.00Exp: 2007-02-19→ Common Stock (10,000 underlying)
Footnotes (8)
- [F1]No transactions ocurred 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]Issued pursuant to an agreement between Board LLC and PACI dated June 16, 2003, whereby PACI agreed to issue to Board LLC warrants exercisable at 0.44 cents per share. Board LLC assigned a pro rata share of the warrants to each Board LLC member.
- [F3]Warrant may be exercised in part but not for less than 10,000 units at a time. A "unit" shall consist initially of one share of Common Stock, but shall be subject to change from time to time.
- [F4]Issued in consideration of contribution in obtaining loan commitment from Precision Funding LLC.
- [F5]100% of the fair market value of such share of common stock on the date of the grant.
- [F6]On or after July 31, 2000 25% vested On or after October 31, 2000 50% vested On or after January 31, 2000 75% vested On or after April 12, 2001 100% vested
- [F7]33 1/3% exercisable 12/31/1999 66 2/3% exercisable 12/31/2000 100% exercisable 12/31/2001
- [F8]5,000 exercisable 2/19/1997 and 5,000 exercisable 11/6/1997