MOST HOME CORP 4

4 · MOST HOME CORP · Filed Feb 11, 2005

Form 4

Period: 2005-01-26

DirectorVice President of Marketing10% Owner

Transactions

Other
private option
2005-01-26−83,841→ 0 total(indirect: By 612559 B.C. Ltd.)
Exp: 2005-01-31→ common stock (83,841 underlying)
Sale
Common Stock
2005-02-09$1.01/sh−5,000$5,050→ 20,000 total
Other
private option
2005-01-26+341,700→ 341,700 total(indirect: By 612559 B.C. Ltd.)
From: 2005-01-26Exp: 2007-01-31→ Series A Preferred shares (341,700 underlying)
Other
private option
2005-01-26−577,183→ 0 total(indirect: By 612559 B.C. Ltd.)
Exp: 2005-01-31→ Series A Preferred shares (577,183 underlying)

Holdings

Common Stock
(indirect: By 612559 B.C. Ltd.)
283,867
stock options
Exercise: $0.60Exp: 2007-11-16→ common stock (300,000 underlying)
300,000
stock options
Exercise: $0.20From: 2003-08-01Exp: 2006-08-01→ common stock (255,000 underlying)
255,000

Footnotes (7)

[F1]On January 26, 2005, 612559 B.C. Ltd. and the optionors agreed to cancel the existing private option to acquire 417,118 common stock and 2,871,559 Series A Preferred shares, and entered into a new private option agreement to acquire 1,700,000 Series A Preferred shares. The Reporting Person is deemed to be the beneficial owner of the securities underlying the private option (341,700 Preferred shares on a proportionate interest basis) as 612559 B.C. Ltd. is granted the right to vote the underlying securities.
[F2]$.30 to $1.
[F3]$.60 to $1.05.
[F4]Immediately.
[F5]N/A.
[F6]Proportionate interest.
[F7]Options to acquire 150,000 shares vest on Nov. 16, 2004 and options to acquire 150,000 shares vest on Jan. 1, 2005.

Documents

1 file