ODWAZNY JOHN P 4

Accession 0001116502-03-002022

CIK 0001071760other

Filed

Oct 30, 7:00 PM ET

Accepted

Oct 31, 4:31 PM ET

Size

28.6 KB

Accession

0001116502-03-002022

Form 4

Period: 1999-08-15

DirectorChief Operating Officer

Transactions

Gift
Common Stock
2003-06-20−1,000→ 157,195 total
Sale
Common Stock
2001-07-23$2.50/sh−20,000$50,000→ 180,000 total
Award
Employee Stock Opions
1999-08-15+50,000→ 50,000 total
Exercise: $7.50From: 1999-08-15Exp: 2002-08-15→ Common Stock (50,000 underlying)
Award
Common Stock
2001-01-01$2.88/sh+100,000$288,000→ 240,000 total
Gift
Common Stock
2001-07-20−35,000→ 205,000 total
Sale
Common Stock
2001-07-23$2.00/sh−6,833$13,666→ 173,167 total
Award
Employee Stock Opions
2001-12-20+50,000→ 50,000 total
Exercise: $5.00Exp: 2011-12-20→ Common Stock (50,000 underlying)
Sale
Common Stock
2002-03-11$1.30/sh−2,000$2,600→ 153,195 total
Award
Employee Stock Opions
2001-01-01+99,999→ 99,999 total
Exercise: $3.00Exp: 2007-12-31→ Common Stock (99,999 underlying)
Gift
Common Stock
2003-07-25−1,000→ 156,195 total
Award
Employee Stock Opions
2001-01-01+300,001→ 300,001 total
Exercise: $3.00Exp: 2007-12-31→ Common Stock (300,001 underlying)
Sale
Common Stock
2002-03-11$1.30/sh−12,205$15,867→ 155,195 total
Sale
Common Stock
2001-07-23$2.00/sh−1,000$2,000→ 172,167 total
Sale
Common Stock
2001-07-23$2.00/sh−2,101$4,202→ 168,400 total
Gift
Common Stock
2003-02-12+5,000→ 158,195 total
Gift
Common Stock
2001-07-23−5,000→ 200,000 total
Sale
Common Stock
2001-07-23$2.00/sh−1,666$3,332→ 170,501 total
Sale
Common Stock
2001-10-16$2.00/sh−1,000$2,000→ 167,400 total

Footnotes (7)

[F1]As a result of a 4-for-1 stock split of the Issuer's shares on 11/15/1999, the Reporting Person acquired an additional 105,000 shares.
[F2]The Issuer's common stock is not listed on any public exchange or established trading market. The market value of the Issuer's common stock can only be computed by reference to the price at which the common stock was sold by the Issuer at the most recent sale of common stock prior to the determination date.
[F3]As a result of a 4-for-1 stock split of the Issuer's shares on 11/15/1999, the Reporting Person beneficially acquired an additional 233,334 shares.
[F4]As a result of a 4-for-1 stock split of the Issuer's shares on 11/15/1999, this option was converted to an option covering 200,000 shares with an exercise price of $1.88 per share.
[F5]Options vest as follows: 33% on 12/31/2001, 33% on 12/31/2002 and 33% on 12/31/2003.
[F6]Options vest as follows: 1 share on 12/31/2003, 100,000 shares each on 12/31/2004, 12/31/2005 and 12/31/2006.
[F7]Options vest as follows: 33% on 12/20/2002, 33% on 12/20/2003 and 33% on 12/20/2004.

Documents

1 file

ULTRASTRIP SYSTEMS INC

CIK 0001071760

Entity typeother