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4//SEC Filing

WESTERHOLM GARY 4

Accession 0001091818-05-000248

CIK 0001144216other

Filed

Jul 28, 8:00 PM ET

Accepted

Jul 29, 5:06 PM ET

Size

11.0 KB

Accession

0001091818-05-000248

Insider Transaction Report

Form 4
Period: 2005-07-27
WESTERHOLM GARY
DirectorPresident/CEO10% Owner
Transactions
  • Award

    Stock Option (Right to Buy)

    2001-09-20+1,280,0001,280,000 total
    Exercise: $1.00From: 2003-02-11Exp: 2007-09-30Common Shares (1,280,000 underlying)
  • Sale

    Common Stock

    2005-07-27$0.90/sh5,000$4,5004,235,200 total
  • Sale

    Common Stock

    2005-07-27$0.95/sh20,000$19,0004,215,200 total
  • Sale

    Common Stock

    2005-07-28$0.88/sh500$4404,214,700 total
Footnotes (5)
  • [F1]After these three sales of common shares,4,122,700shares are held indirectly by the Westeholm Family Trust as to which Mr. Westerholm and his spouse are co-trustees; Mr. Westerholm has also has indirect ownership on 87,500 shares owned by Mr. Westerholm's son who resides in his household. Mr. Westerholm has direct control of 4500 share held in a IRA Account.Total direct/indirect control of common shares 4,214,700.
  • [F2]Option Exercise Price on the 1,280,000 stock options aquired ranges from $1.00-$1.88
  • [F3]Transaction Dates on Granted Options ranges from 09/20/2001-12/06/2004
  • [F4]Date Exercisable ranges from 2/11/2003-12/06/2014
  • [F5]Expiration Date on these 1,280,000 stock option aquired ranges from 09/30/2007-12/06/2014

Issuer

MCKENZIE BAY INTERNATIONAL LTD

CIK 0001144216

Entity typeother

Related Parties

1
  • filerCIK 0001206628

Filing Metadata

Form type
4
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 5:06 PM ET
Size
11.0 KB