ASLAN YIFAT 4
4 · ICY SPLASH FOOD & BEVERAGE INC · Filed Apr 21, 2005
Insider Transaction Report
Form 4
ASLAN YIFAT
Vice President
Transactions
- Other
Common Stock
2005-04-05−1,300,000→ 644,587 total - Award
Common Stock
2005-03-31$0.13/sh+334,587$43,496→ 1,944,587 total - Other
Common Stock
2005-03-31−1,300,000→ 1,610,000 total - Award
Common Stock
2004-12-02$0.07/sh+1,300,000$97,500→ 2,910,000 total - Award
Common Stock
2005-04-05$0.13/sh+780,000$101,400→ 1,424,587 total
Footnotes (4)
- [F1]Pursuant to the terms of the Rescission and Stock Purchase Agreement dated April 5, 2005, by and among the Company, the reporting person and certain other stockholders, the August 18, 2004 transaction relating to the issuance of 1,300,000 Shares to the reporting person as consideration for the aggregate amount to be paid to or on behalf of the Company was rescinded. In connection therewith, the Company issued 599,999 Shares at the then current market price of $0.10 per share based on and in satisfaction of amounts previously loaned to the Company.
- [F2]The reporting person disclaims beneficial ownership of 10,579,361 Shares held by her father, Joseph Aslan.
- [F3]Pursuant to the terms of the Rescission and Stock Purchase Agreement dated March 31, 2005, by and among the Company, the reporting person and certain other stockholders, the December 2, 2004 transaction relating to the issuance of 1,300,000 Shares was rescinded. In connection therewith, the Company issued 334,587 Shares at the then current market price of $0.13 per Share to the reporting person based on amounts previously paid by the reporting person to or on behalf of the Company.
- [F4]Pursuant to the terms of a purchase agreement dated December 2, 2004, by and among the Company, the reporting person and certain other stockholders of the Company, the purchase price was based on the aggregate amount the reporting person was to pay to the issuer.