Home/Filings/4/0001144204-06-000944
4//SEC Filing

COLABRESE ROBERT K 4

Accession 0001144204-06-000944

CIK 0000852570other

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 4:29 PM ET

Size

11.9 KB

Accession

0001144204-06-000944

Insider Transaction Report

Form 4
Period: 2004-12-01
Transactions
  • Other

    Stock Options

    2004-12-01$1.30/sh+16,500$21,45016,500 total
    Exercise: $1.30From: 2005-12-15Exp: 2009-12-01Common Stock (16,500 underlying)
Holdings
  • Stock Options

    Exercise: $0.90From: 2005-06-18Exp: 2007-06-18Common Stock (40,000 underlying)
    40,000
  • Stock Options

    Exercise: $0.68From: 2004-10-23Exp: 2006-10-23Common Stock (5,000 underlying)
    5,000
  • Common Stock, $.001 par value

    156,154
  • Stock Options

    Exercise: $1.70From: 2004-12-31Exp: 2008-10-24Common Stock (54,000 underlying)
    54,000
Footnotes (4)
  • [F1]On December 1, 2004, Robert Colabrese received a stock option to purchase 60,000 shares of common stock, which vested based on performance criteria. On December 15, 2005, 16,500 shares of common stock vested and the remaining 43,500 terminated.
  • [F2]On October 24, 2003, Robert Colabrese 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 Robert Colabrese'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 of termination of this option).
  • [F4]Option is exercisable during the term of Robert Colabrese'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 10/23/2001 (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

1 file

Issuer

GLOBAL AXCESS CORP

CIK 0000852570

Entity typeother

Related Parties

1
  • filerCIK 0001223563

Filing Metadata

Form type
4
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 4:29 PM ET
Size
11.9 KB