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TANDY LEATHER FACTORY INC·4

May 25, 10:26 AM ET

Thompson Jon W 4

4 · TANDY LEATHER FACTORY INC · Filed May 25, 2010

Insider Transaction Report

Form 4
Period: 2010-05-21
TANDY LEATHER FACTORY INCTLF
Thompson Jon W
PRESIDENT/COO
Transactions
  • Exercise of In-Money

    COMMON STOCK, PV $0.0024

    2010-05-21$1.35/sh+15,000$20,250→ 130,450 total
  • Exercise of In-Money

    QUALIFIED INCENTIVE STOCK OPTION (RIGHT TO BUY)

    2010-05-21$1.35/sh−15,000$20,250→ 0 total
    Exercise: $1.35Exp: 2011-05-24→ COMMON STOCK, PV $0.0024 (15,000 underlying)
Holdings

  • COMMON STOCK, PV $0.0024

    (indirect: By Trust)
    25,000

  • COMMON STOCK, PV $0.0024

    (indirect: By IRA)
    61,963
Footnotes (2)
  • [F1]GRANTED PURSUANT TO THE TERMS OF THE 1995 STOCK OPTION PLAN OF TANDY LEATHER FACTORY, INC. FOR KEY MANAGEMENT EMPLOYEES.
  • [F2]THE OPTIONS BECOME VESTED IN 5 EQUAL INSTALLMENTS COMMENCING ON 05/24/2002.

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4