LAPOLLA INDUSTRIES INC 4
4 · LAPOLLA INDUSTRIES INC · Filed Jan 7, 2008
Insider Transaction Report
Form 4
GREGG ARTHUR J
Director
Transactions
- Award
Common Stock, PV $.01
2006-07-12$0.69/sh+12,000$8,280→ 50,500 total
Footnotes (1)
- [F1]Represents the number of restricted shares of common stock automatically granted and issued to me in my capacity as a member of the Board of Directors at the 2005 Annual Meeting of Stockholders held on June 29, 2005 pursuant to the Director Compensation Plan, which vested at the 2006 Annual Meeting of Stockholders held on July 12, 2006. 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 2006 Annual Meeting of Stockholders. This transaction was previously reported in the Company's 2005 and 2006 Proxy Statements.