4//SEC Filing
SURETTE DAVID J 4
Accession 0001144204-06-000947
CIK 0000852570other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 4:30 PM ET
Size
10.1 KB
Accession
0001144204-06-000947
Insider Transaction Report
Form 4
Transactions
- Other
Stock Options
2004-12-01$1.30/sh+30,450$39,585→ 30,450 totalExercise: $1.30From: 2005-12-15Exp: 2009-12-01→ Common Stock (30,450 underlying)
Holdings
- 38,248
Common Stock, $.001 par value
- 55,500
Stock Options
Exercise: $1.70From: 2004-12-31Exp: 2008-10-24→ Common Stock (55,500 underlying) - 40,000
Stock Options
Exercise: $0.35From: 2006-03-03Exp: 2008-03-03→ Common Stock (40,000 underlying)
Footnotes (3)
- [F1]On December 1, 2004, David J. Surette received a stock option to purchase 60,000 shares of common stock, which vested based on performance criteria. On December 15, 2005, 30,450 shares of common stock vested under the stock option and the remaining 29,550 terminated.
- [F2]On October 24, 2003, David J. Surette received a stock option to purchase 60,000 shares of common stock, which vested based on performance criteria. On December 31, 2004, 55,500 shares of common stock vested and the remaining 4,500 terminated.
- [F3]Option is exercisable during the term of David J. Surette'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 3/3/03 (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 0001223176
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 4:30 PM ET
- Size
- 10.1 KB