WADE ROBERT E 4
4 · ARC WIRELESS SOLUTIONS INC · Filed Aug 29, 2006
Insider Transaction Report
Form 4
ARC WIRELESS SOLUTIONS INCARCS.OB
WADE ROBERT E
Director
Transactions
- Award
Common Stock
2006-08-28$0.12/sh+72,700$8,797→ 3,609,038 total - Award
Common Stock
2006-08-28$0.12/sh+5,000$600→ 3,614,038 total
Holdings
- 125,000
Options: Right to Buy
Exercise: $0.13From: 2006-02-21Exp: 2008-02-21→ Common Stock (125,000 underlying) - 50,000(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]In accordance with the 1997 Stock Option and Compensation Plan and the Issuer's policies concerning option grants to outside Directors, on February 21, 2006, Mr. Wade received a grant of options to purchase 125,000 shares with a two year term, 25,000 of which become exercisable for each meeting of the Board of Directors attended by Mr. Wade as an outside director.
- [F2]Acquired in the open market.