MEDIS TECHNOLOGIES LTD 4
4 · MEDIS TECHNOLOGIES LTD · Filed Jun 28, 2005
Insider Transaction Report
Form 4
LIFTON ROBERT K
DirectorChairman, CEO and Secretary10% Owner
Transactions
- Exercise/Conversion
Common Stock, $0.01 par value
2005-06-28$10.50/sh+75,000$787,500→ 2,444,956 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-06-28−75,000→ 0 totalExercise: $10.50From: 2003-07-18Exp: 2005-07-18→ Common Stock (75,000 underlying)
Footnotes (1)
- [F1]Does not include 1,070,541 shares of Issuer's common stock, $0.01 par value per share, indirectly owned by Reporting Person. Such shares are owned by Stanoff Corporation, which is beneficially owned by Reporting Person and Mr. Howard Weingrow, the President and Treasurer of the Issuer. Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.