ORLEANS JEFFREY P 4
4 · ORLEANS HOMEBUILDERS INC · Filed Jan 4, 2010
Insider Transaction Report
Form 4
ORLEANS JEFFREY P
DirectorChairman and CEO10% Owner
Transactions
- Purchase
Call Option (rt. to buy)
2009-12-30+1→ 1 totalExercise: $2.00From: 2009-12-30Exp: 2011-12-30→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]The reporting person purchased 25,000 shares of common stock at $2.00 per share. The purchase price was paid with a non-recourse promissory note due December 30, 2011 and is secured by the shares purchased. Pursuant to applicable guidance, this transaction is being reported as a derivative security.