CARLSON GERALD G 4
4 · NEVADA STAR RESOURCE CORP · Filed Dec 1, 2003
Insider Transaction Report
Form 4
CARLSON GERALD G
Director
Transactions
- Exercise of In-Money
Common
2003-11-27$0.10/sh+150,000$14,700→ 150,000 total - Expiration (Short)
Stock Option
2003-11-27−3,000,000→ 0 total(indirect: KGE Management Ltd.)→ Common (3,000,000 underlying) - Exercise of In-Money
Stock Option
2003-11-27−150,000→ 850,000 totalExercise: $0.10From: 2002-03-11Exp: 2007-03-05→ Common (150,000 underlying)
Footnotes (3)
- [F1]The stock option exercise price has been converted to US $ using an exchange rate of CDN $1.00 = US $0.77.
- [F2]The stock options was exercisable in stages when the shares traded above CDN $0.50, CDN $0.75 and CDN $1.00, respectively, for more than 30 days. The stock options were cancelled on November 27, 2003 by mutual consent.
- [F3]KGE Management Ltd. is a corporation owned by Gerald Carlson and Dorell Carlson (husband and wife).