Cohen Gilbert M 4
4 · IFT CORP · Filed Jul 5, 2005
Insider Transaction Report
Form 4
IFT CORPIFT
Cohen Gilbert M
Director
Transactions
- Award
Common Stock, PV $.01
2005-06-29$0.90/sh+8,767$7,890→ 12,167 total
Holdings
- 1,130(indirect: By Spouse)
Common Stock, PV $.01
Footnotes (1)
- [F1]Represents the number of restricted shares of common stock automatically granted and issued to me in my capacity as a director upon appointment to the Board of Directors on November 12, 2004 pursuant to the Director Compensation Plan, which vested at the 2005 Annual Meeting of Stockholders held on June 29, 2005. The Company did not consider these shares when originally issued as outstanding due to a vesting provision which was satisfied on the date of the 2005 Annual Meeting of Stockholders.