BOURKE RICHARD 4
4 · BESTNET COMMUNICATIONS CORP · Filed Dec 2, 2004
Insider Transaction Report
Form 4
BOURKE RICHARD
Other
Transactions
- Award
Common Stock
2004-12-02$0.25/sh+50,000$12,500→ 357,960 total(indirect: By Self)
Footnotes (2)
- [F1]The Company's compensation committee approved the issuance of 50,000 shares of restricted common stock per month as compensation for a consulting contract.
- [F2]Mr. Bourke has a direct ownership interest in 308,000 shares of common stock and an indirect ownership interest in the 40,000 shares of common stock owned through an investment partnership of which Mr. Bourke is a 4% owner and 9,960 shares of common stock which underly 3,320 units held by the investment partnership which represents Mr. Bourke's 4% interest.