PAYAN CHRISTOPHER G 4
4 · EMERGING VISION INC · Filed Jun 29, 2010
Insider Transaction Report
Form 4
EMERGING VISION INCISEE.OB
PAYAN CHRISTOPHER G
DirectorCEO
Transactions
- Other
Common Stock
2010-06-29−2,713,116→ 1,212,500 total - Other
Stock Options
2010-06-29+7,208,220→ 7,258,220 total→ Common Stock (7,208,220 underlying)
Footnotes (1)
- [F1]The transactions reported hereby merely serve to reverse a prior transaction. Specifically, the cashless exercise of the stock option, dated July 13, 2009, has been rescinded and the shares of the Company's common stock referred to on Table 1 are no longer issued and outstanding. Consequently, the aforementioned stock option has been reinstated as reflected on Table II hereof.