NEPTUNE SOCIETY INC/FL 4
4 · NEPTUNE SOCIETY INC/FL · Filed Feb 8, 2005
Insider Transaction Report
Form 4
NEPTUNE SOCIETY INC/FL[NPTI.OB]
MARKIN MARCO P
Director
Transactions
- Other
Common Stock
2005-02-02−307,692→ 0 total(indirect: See Footnote) - Expiration (Short)
Stock Option (Right to Buy)
2005-02-02−150,000→ 0 totalExercise: $0.65From: 2005-02-02Exp: 2005-02-02→ Common Shares (150,000 underlying) - Expiration (Short)
Common Share Purchase Warrants
2005-02-02−307,692→ 0 total(indirect: See Footnote)Exercise: $0.79From: 2005-02-02Exp: 2005-02-02→ Common Shares (307,692 underlying) - Other
Common Stock
2005-02-02−107,750→ 0 total(indirect: See Footnote) - Disposition to Issuer
Common Stock
2005-02-02−123,375→ 0 total
Footnotes (2)
- [F1]The Neptune Society, Inc. paid to Marco Markin, Karla Campbell Markin and 570421 B.C. Ltd. an aggregated lump sum payment of Two Million Six Hundred Forty-Eight Thousand Nine Hundred Fifty-One Dollars (US$2,648,951) as the sole consideration for the purchase of the securities listed in footnote (2) below and the release of any and all claims arising out of or connected with said securities pursuant to a Separation and Release Agreement dated February 2, 2005.
- [F2]The reporting individual owned 123,375 shares of common stock of The Neptune Society, Inc. (15,625 of the shares were the result of a 4:1 reverse stock split that occurred on 3/22/02); his spouse Karla Campbell Markin beneficially owned 107,750 shares of common stock of The Neptune Society, Inc; Markin held options exercisable to acquire an additional 150,000 shares of common stock of The Neptune Society, Inc. at $0.65 per share; and 570421 B.C. Ltd., a company controlled by Karla Campbell Markin, owned 307,692 shares of common stock of The Neptune Society, Inc. and warrants exercisable to acquire an additional 307,692 shares of common stock of The Neptune Society, Inc. at $0.79 per share.