4//SEC Filing
FANN DAVID W 4
Accession 0001144204-06-000940
CIK 0000852570other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 4:28 PM ET
Size
10.0 KB
Accession
0001144204-06-000940
Insider Transaction Report
Form 4
FANN DAVID W
DirectorPresident
Transactions
- Other
Stock Options
2004-12-01$1.30/sh+66,000$85,800→ 66,000 totalExercise: $1.30From: 2005-12-15Exp: 2009-12-01→ Common Stock (66,000 underlying)
Holdings
- 761,336
Common Stock, $.001 par value
- 150,000
Stock Options
Exercise: $1.70From: 2004-12-31Exp: 2008-10-24→ Common Stock (150,000 underlying) - 60,000
Stock Options
Exercise: $0.90From: 2005-06-18Exp: 2007-06-18→ Common Stock (60,000 underlying)
Footnotes (3)
- [F1]On December 1, 2004, David Fann received a stock option to purchase 120,000 shares of common stock, which vested based on performance criteria. On December 15, 2005, 66,000 shares of common stock vested and the remaining 54,000 terminated.
- [F2]On October 24, 2003, David Fann received a stock option to purchase 150,000 shares of common stock, which vested based on performance criteria. On December 31, 2004, 150,000 shares of common stock vested.
- [F3]Option is exercisable during the term of David Fann'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 6/18/2002 (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 or termination of this option).
Documents
Issuer
GLOBAL AXCESS CORP
CIK 0000852570
Entity typeother
Related Parties
1- filerCIK 0001279464
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 4:28 PM ET
- Size
- 10.0 KB