4//SEC Filing
BARBAR JOHN GEORGE 4
Accession 0001140361-04-000136
CIK 0000875296other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:16 PM ET
Size
9.1 KB
Accession
0001140361-04-000136
Insider Transaction Report
Form 4
BARBAR JOHN GEORGE
SVP of Finance/CFO/Treasurer
Transactions
- Award
Option (Right to Buy)
2003-12-31+5,000→ 10,000 totalExercise: $3.00From: 2003-12-31Exp: 2006-12-31→ Common Stock, PV $.01 (5,000 underlying) - Award
Restricted Option (Right to Buy)
2003-12-31+3,552→ 14,211 totalExercise: $0.95From: 2003-12-31Exp: 2004-12-31→ Common Stock, PV $.01 (3,552 underlying) - Award
Common Stock, PV $.01
2003-12-31+3,000→ 33,613 total
Holdings
- 1,500(indirect: By Children)
Common Stock, PV $.01
Footnotes (3)
- [F1]On January 1, 2003, the Company granted me an aggregate of 14,211 non-plan options ("Restricted Options"). The Restricted Options are good for two years, vest prorata on a quarterly basis at the end of each quarter through the 2003 year, and exercisable at $.95 for each share of restricted stock. The options are exercisable to the extent vested upon becoming vested at the end of each respective quarter.
- [F2]This option to purchase shares of common stock of the Company was granted pursuant to an Executive Employment Agreement on January 1, 2002 ("Date of Grant"). The total amount of the option, as adjusted for the reverse split and share consolidation, is 20,000. The options are good for five years from the Date of Grant and vest up to a maximum of 5,000 per year based on an excess revenue formula calculated at the end of each year of the four year term of the Executive Employment Agreement.
- [F3]This represents the number of options vested based on the excess revenue calculation as of 12/31/2003.
Documents
Issuer
URECOATS INDUSTRIES INC
CIK 0000875296
Entity typeother
Related Parties
1- filerCIK 0001243820
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 5:16 PM ET
- Size
- 9.1 KB