4//SEC Filing
McQuain George 4
Accession 0001144204-06-000938
CIK 0000852570other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 4:26 PM ET
Size
9.5 KB
Accession
0001144204-06-000938
Insider Transaction Report
Form 4
McQuain George
DirectorPres., CEO & Dir.
Transactions
- Other
Stock Options
2004-12-01$1.30/sh+44,700$58,110→ 44,700 totalExercise: $1.30From: 2005-12-15Exp: 2009-12-01→ Common Stock (44,700 underlying)
Holdings
- 40,000
Stock Options
Exercise: $0.90From: 2005-06-18Exp: 2007-06-18→ Common Stock (40,000 underlying) - 54,000
Stock Options
Exercise: $1.70From: 2004-12-31Exp: 2008-10-24→ Common Stock (54,000 underlying)
Footnotes (3)
- [F1]On December 1, 2004, George McQuain received a stock option to purchase 60,000 shares of common stock, which vested based on performance criteria. On December 15, 2005, 44,700 shares of common stock vested under the stock option and the remaining 15,300 terminated.
- [F2]On October 24, 2003, George McQuain received a stock option to purchase 60,000 shares of common stock, which vested based on performance criteria. On December 31, 2004, 54,000 shares of common stock vested and the remaining 6,000 terminated.
- [F3]Option is exercisable during the term of George McQuain's employment in four (4) installments of twenty-five percent (25%) of the Shares covered by this Option, the first installment to be exercisable on the six (6) month anniversary of the date of this Option (the "Initial Vesting Date"), with an additional twenty-five percent (25%) of such Shares becoming exercisable on each of the three (3) successive twelve (12) month periods following the Initial Vesting Date. The installments are cumulative (i.e., this option may be exercised, as to any or all Shares covered by an installment, at any time or times after an installment becomes exercisable and until expiration of termination of this option).
Documents
Issuer
GLOBAL AXCESS CORP
CIK 0000852570
Entity typeother
Related Parties
1- filerCIK 0001315249
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 4:26 PM ET
- Size
- 9.5 KB