US HOME SYSTEMS INC 4
4 · US HOME SYSTEMS INC · Filed Mar 29, 2005
Insider Transaction Report
Form 4
DEFRONZO ROBERT A
CFO, Secretary & Treasurer
Transactions
- Award
Common Stock
2005-03-28$5.79/sh+3,000$17,370→ 62,480 total(indirect: See footnotes)
Footnotes (2)
- [F1]On March 28, 2005, the Board of Directors approved the grant of 3,000 restricted stock awards to Mr. DeFronzo pursuant to the Company's 2004 Restricted Stock Plan. Thirty-three and one/third percent (33-1/3%) of the awarded shares will vest on January 1 of 2006, 2007 and 2008, respectively.
- [F2]After this transaction, Mr. DeFronzo benefically owns 62,480 shares of common stock which includes 25,000 shares which may be purchased by Mr. DeFronzo upon exercise of stock options and the 3,000 restricted stock awards.