Home/Filings/4/0001139020-04-000237
4//SEC Filing

Ray Rodney R 4

Accession 0001139020-04-000237

CIK 0001144892other

Filed

Sep 9, 8:00 PM ET

Accepted

Sep 10, 7:44 PM ET

Size

12.9 KB

Accession

0001139020-04-000237

Insider Transaction Report

Form 4
Period: 2004-09-08
Ray Rodney R
DirectorPresident10% Owner
Transactions
  • Other

    OPTIONS

    2004-09-08+500,000500,000 total
    Exercise: $0.25From: 2005-09-08Exp: 2007-09-08COMMON STOCK (500,000 underlying)
  • Other

    OPTIONS

    2004-09-08+1,000,0001,000,000 total
    Exercise: $0.50From: 2005-09-08Exp: 2007-09-08COMMON STOCK (1,000,000 underlying)
  • Other

    COMMON STOCK

    2004-09-08+2,000,0002,592,900 total
Footnotes (2)
  • [F1]THE 2,000,000 SHARES OF THE ISSUER'S COMMON STOCK WERE ACQUIRED PURSUANT TO THE TERMS OF THE AMENDED AND RESTATED EMPLOYMENT AGREEMENT BY AND BETWEEN THE ISSUER AND RODNEY R. RAY, DATED SEPTEMBER 8, 2004. THE SUBJECT STOCK IS DEEMED COMPENSATION TO MR. RAY AND THERE WAS NO CASH CONSIDERATION PAID BY MR. RAY. FOR MORE INFORMATION CONCERNING THE AMENDED AND RESTATED EMPLOYMENT AGREEMENT, REFERENCE IS MADE TO EXHIBIT 99 TO THE ISSUER'S CURRENT REPORT ON FORM 8-K, WHICH WAS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON SEPTEMBER 10, 2004.
  • [F2]THE OPTIONS CONVERTABLE INTO THE ISSUER'S COMMON STOCK WERE ACQUIRED PURSUANT TO THE TERMS OF THE AMENDED AND RESTATED EMPLOYMENT AGREEMENT BY AND BETWEEN THE ISSUER AND RODNEY R. RAY, DATED SEPTEMBER 8, 2004. THE SUBJECT OPTIONS ARE DEEMED COMPENSATION TO MR. RAY AND THERE WAS NO CASH CONSIDERATION PAID BY MR. RAY. FOR MORE INFORMATION CONCERNING THE AMENDED AND RESTATED EMPLOYMENT AGREEMENT, REFERENCE IS MADE TO EXHIBIT 99 TO THE ISSUER'S CURRENT REPORT ON FORM 8-K, WHICH WAS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON SEPTEMBER 10, 2004.

Issuer

EPIC FINANCIAL CORP

CIK 0001144892

Entity typeother

Related Parties

1
  • filerCIK 0001299615

Filing Metadata

Form type
4
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 7:44 PM ET
Size
12.9 KB