Home/Filings/4/0001044885-04-000045
4//SEC Filing

COUTURE GERALD D 4

Accession 0001044885-04-000045

CIK 0000796764other

Filed

Aug 3, 8:00 PM ET

Accepted

Aug 4, 2:26 PM ET

Size

9.8 KB

Accession

0001044885-04-000045

Insider Transaction Report

Form 4
Period: 2004-07-30
COUTURE GERALD D
DirectorChief Financial Officer
Transactions
  • Exercise/ConversionSwap

    Common Stock

    2004-07-30+300,000995,874 total
  • Exercise/ConversionSwap

    Option to buy Common Stock

    2004-07-30300,0001,050,000 total
    Exercise: $1.63From: 2000-04-24Exp: 2010-04-24Common Stock (300,000 underlying)
Footnotes (1)
  • [F1]As of July 30, 2004, the Reporting Person agreed to surrender options to purchase 600,000 shares of Common Stock in exchange for 300,000 shares of Common Stock by Letter Agreement. The Issuer and the Reporting Person agreed to this surrender and issuance because the authorized capital stock of the Issuer set forth in the Issuer's Articles of Incorporation is 30,000,000 shares of Common Stock. The reduction in the number of shares of Common Stock reserved for issuance on the exercise of stock options resulting from the surrender of stock options by the Reporting Person will permit the Issuer to issue additional shares of Common Stock to third parties without amending its Articles of Incorporation.

Issuer

RMS TITANIC INC

CIK 0000796764

Entity typeother

Related Parties

1
  • filerCIK 0001144614

Filing Metadata

Form type
4
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 2:26 PM ET
Size
9.8 KB