4/A//SEC Filing
GLOBAL AXCESS CORP 4/A
Accession 0001144204-06-015554
CIK 0000852570operating
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 3:02 PM ET
Size
10.2 KB
Accession
0001144204-06-015554
Insider Transaction Report
Form 4/AAmended
FANN DAVID W
DirectorPresident
Transactions
- Other
Stock Options
2004-12-01$1.30/sh+0$0→ 0 totalExercise: $1.30From: 2005-12-15Exp: 2009-12-01→ Common Stock (0 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. Due to the restatement of the Company's operating results, the number of shares vested decreased from 66,000 to 0.
- [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 6/18/02 (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 typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000852570
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 3:02 PM ET
- Size
- 10.2 KB