EXCALIBUR INDUSTRIES INC 4
4 · EXCALIBUR INDUSTRIES INC · Filed May 19, 2005
Insider Transaction Report
Form 4
EXCALIBUR INDUSTRIES INCEXCB.OB
MARSHIK FRANK X
Director
Transactions
- Award
Common Stock
2005-05-11+1,400,000→ 1,748,365 total(indirect: N/A)
Holdings
- 161,600
Warrant
Exercise: $1.00From: 2001-12-17Exp: 2006-12-17→ Common (161,600 underlying)
Footnotes (3)
- [F1]On May 11, 2005, Issuer granted Reporting Person a performance based award of restricted stock consisting of 1,400,000 shares of the Issuer's common stock, $0.001 par value, pursuant and subject to the Issuer's 2005 Stock Incentive Plan. Under the terms of the restricted stock award, the shares do not vest unless and until the Issuer closes a plan of reorganization between the Issuer, its subsidiaries, certain affiliated parties, and Stillwater National Bank, with respect to the restructuring of various notes issued to the bank.
- [F2]Includes 50,000 shares held by Mr. Marshik's spouse and 24,000 shares held by Mr. Marshik as custodian for members of Mr. Marshik's family under state uniform gift to minors acts.
- [F3]N/A