SPEAR EDWARD M 4/A
4/A · STEELCLOUD INC · Filed Oct 2, 2003
Insider Transaction Report
Form 4/AAmended
STEELCLOUD INCSCLD
SPEAR EDWARD M
DirectorPresident and COO
Transactions
- Exercise/Conversion
Options
2003-09-24−100,000→ 145,000 totalExercise: $1.25From: 2002-09-01Exp: 2005-09-01→ Common Stock (100,000 underlying) - Exercise/Conversion
Common Stock
2003-09-24$1.25/sh+100,000$125,000→ 116,018 total - Sale
Common Stock
2003-09-24$4.42/sh−100,000$441,550→ 16,018 total
Holdings
- 4,000(indirect: By Children)
Common Stock
Footnotes (1)
- [F1]This Form 4/A amends the previously filed Form 4 on September 26, 2003 by Mr. Spear in its entirety. On September 24, 2003, Mr. Spear exercised 100,000 options to acquire common stock at a purchase price of $1.25 per share, which was previously reported as a cashless exercise. Therefore Mr. Spear acquired and immediately sold 100,000 shares of the Company's common stock, not the 71,690 shares previously reported on Mr. Spear's Form 4 dated September 26, 2003.