SPEAR EDWARD M 4
4 · STEELCLOUD INC · Filed Sep 26, 2003
Insider Transaction Report
Form 4
STEELCLOUD INCSCLD
SPEAR EDWARD M
DirectorPresident and COO
Transactions
- Tax Payment
Common Stock
2003-09-24+71,690→ 87,708 total - Disposition to Issuer
Options
2003-09-24−100,000→ 145,000 totalExercise: $1.25From: 2002-09-01Exp: 2005-09-01→ Common Stock (100,000 underlying) - Sale
Common Stock
2003-09-24$4.42/sh−71,690$316,547→ 16,018 total
Holdings
- 4,000(indirect: By Children)
Common Stock
Footnotes (1)
- [F1]On September 24, 2003, Mr. Spear exercised his options for 100,000 shares of the Company's common stock by way of a cashless exercise. Mr. Spear paid the exercise price of $125,000 through the delivery of 28,310 shares of the Company's common stock at a price of $4.4155 per share, for which Mr. Spear received 71,690 shares of the Company's common stock.