GUMERSELL JOHN M 4
4 · ULTRASTRIP SYSTEMS INC · Filed Nov 20, 2003
Insider Transaction Report
Form 4
ULTRASTRIP SYSTEMS INC[NONE]
GUMERSELL JOHN M
Director
Transactions
- Award
Common stock
2001-10-31$3.00/sh+50,000$150,000→ 70,000 total - Award
Employee Stock Options
2001-12-20+50,000→ 50,000 totalExercise: $5.00Exp: 2011-12-20→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Options vest as follows: 33% on 12/20/2002, 33% on 12/20/2003 and 33% on 12/20/2004.