BARBAR JOHN GEORGE 4/A
4/A · URECOATS INDUSTRIES INC · Filed Oct 2, 2003
Insider Transaction Report
Form 4/AAmended
BARBAR JOHN GEORGE
SVP of Finance/CFO/Treasurer
Transactions
- Award
Common Stock, Par Value $.01
2003-06-30+3,000→ 27,613 total - Award
Restricted Option (Right to Buy)
2003-06-30+3,553→ 7,106 totalExercise: $0.95Exp: 2004-12-31→ Common Stock, Par Value $0.1 (3,553 underlying)
Holdings
- 1,500(indirect: By Children)
Common Stock, Par Value $.01
Footnotes (3)
- [F1]On January 1, 2003, the Company granted me an aggregate of 14,211 non-plan options ("Restricted Options"), which I accepted on March 28, 2003, as consideration for agreeing to a 10% reduction in my annual salary for the 2003 year based on the present financial circumstance of the Company. These Restricted Options are not intended and were not granted to me in lieu of salary. The Restricted Options are good for two years, vest pro rata on a quarterly basis at the end of each quarter through the 2003 year, and exercisable at $.95 for each share of restricted common stock. The options are exercisable to the extent vested upon becoming vested at the end of each respective quarter.
- [F2]This option was previously disclosed in the Company's periodic reports filed electronically and the Form 4 for March 31, 2003 submitted by paper with the SEC.
- [F3]June 30, 2003