LAMPERT IRA B 4
4 · CONCORD CAMERA CORP · Filed Aug 10, 2004
Insider Transaction Report
Form 4
LAMPERT IRA B
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2004-08-09+178,043→ 1,204,786 total - Exercise/Conversion
Employee Stock Option (right to buy)
2004-08-09−156,812→ 0 totalExercise: $1.00From: 1996-12-22Exp: 2004-09-08→ Common Stock (156,812 underlying) - Exercise/Conversion
Common Stock
2004-08-09+136,269→ 1,026,743 total - Tax Payment
Common Stock
2004-08-09$2.74/sh−136,269$373,377→ 890,474 total - Gift
Common Stock
2003-12-31−3,000→ 1,026,743 total - Exercise/Conversion
Employee Stock Option (right to buy)
2004-08-09−78,750→ 0 totalExercise: $1.25From: 1996-12-22Exp: 2004-09-08→ Common Stock (78,750 underlying)
Footnotes (5)
- [F1]This was a gift to a ss.501(c)(3) charitable trust.
- [F2]Some of these shares were acquired for an exercise price of $1.00 per share, some for an exercise price of $1.25 per share, and some for an exercise price of $1.50 per share.
- [F3]The Reporting Person elected to defer receipt of 178,043 shares of common stock issuable upon exercise of his option, resulting in the accrual to his account of 178,043 stock units which are convertible into common stock on a one-for-one basis, pursuant to the Issuer's Deferred Delivery Plan.
- [F4]These options began vesting in installments beginning December 22, 1996 and became fully vested on August 31, 1998.
- [F5]The total number of options (regardless of class) held by the Reporting Person, which are convertible into the Issuer's Common Stock following all of the transactions described in this Form 4, is 640,660.