PEMA GREY 4
4 · IWT TESORO CORP · Filed Jan 11, 2005
Insider Transaction Report
Form 4
IWT TESORO CORPIWTT
Perna Grey
Director10% Owner
Transactions
- Other
Common Stock, $.001
2004-12-07$2.80/sh−3,000,000$8,400,000→ 3,002,000 total(indirect: See Footnote)
Footnotes (4)
- [F1]For tax purposes, 3.0 million shares were transferred to The Grey Perna Irrevocable Trust dated December 7, 2004 with Grey Perna as Grantor and Forrest Jordan as Trustee.
- [F2]Represents 3.0 million shares held by Mr. Perna individually and 2,000 shares held individually by Mr. Perna's wife.
- [F3]Simultaneously with the transfer of the 3.0 million shares described in F1, Forrest Jordan became the trustee of The Grey Perna Irrevocable Trust dated December 7, 2004, for which Mr. Boucher has all voting control
- [F4]Represents the shares held in trust described in F3 and 2,000 shares held individually by Mr. Perna's wife.