Biro Peter 4
4 · JL HALSEY CORP · Filed Jun 18, 2007
Insider Transaction Report
Form 4
JL HALSEY CORPJLHY.OB
Biro Peter
Chief Operating Officer
Transactions
- Purchase
Common Stock
2007-06-14$0.90/sh+10,000$9,000→ 75,000 total
Holdings
- 700,000
Stock option (right to buy)
Exercise: $0.83Exp: 2017-05-08→ Common Stock (300,000 underlying) - 35,000(indirect: By Spouse)
Common Stock
- 0
Stock option (right to buy)
Exercise: $0.95Exp: 2016-08-17→ Common Stock (400,000 underlying)
Footnotes (2)
- [F1]The Option vests and becomes exercisable in cumulative installments as follows: (i) the Option shall be exercisable with respect to fifty percent (50%) of the Option Shares on the first anniversary of the Grant Date; and (ii) the Option shall be exercisable with respect to the remaining fifty percent (50%) of the Option Shares in four (4) equal installments on the last day of each quarter of the year that begins on the day after the first anniversary of the Grant Date and ends on the second anniversary of the Grant Date.
- [F2]The option vests and becomes exercisable in four equal annual installments beginning on May 8, 2008.