SEYCHELLE ENVIRONMENTAL TECHNOLOGIES INC /CA 5
5 · SEYCHELLE ENVIRONMENTAL TECHNOLOGIES INC /CA · Filed May 31, 2007
Insider Transaction Report
Form 5
IRREVOCABLE TRUST The TAM
10% Owner
Transactions
- Purchase
Warrants
2005-03-29$0.00/sh+2,500,000$2,500→ 2,500,000 totalExercise: $0.23From: 2004-12-01Exp: 2008-12-01→ Common (2,500,000 underlying)
Holdings
- 12,725,578(indirect: See footnote (1) below)
Common Stock, $0.001 par value per share
Footnotes (1)
- [F1]The TAM Irrevocable Trust is an irrevocable trust for the benefit of certain family members of Mr. Carl Palmer. Mr. Palmer disclaims any beneficial ownership or interest in this Trust. Cari Beck, his daughter, is the Trustee of the Trust and has total beneficiary rights, including all voting rights and investment power as the Trustee. The Trust is held in her name (50%) as well as that of Lindsay Helvey (25%) and Casey Helvey (25%), both granddaughters.