DOTRONIX INC 4
4 · DOTRONIX INC · Filed Apr 17, 2006
Insider Transaction Report
Form 4
DOTRONIX INCDOTX
SADLER KURT T
President
Transactions
- Other
Call Option
2006-03-02−314,400→ 314,400 totalExercise: $0.15Exp: 2007-06-02→ Common Stock (314,400 underlying)
Holdings
- 25,000
Stock Option (right to buy)
Exercise: $0.40Exp: 2008-11-16→ Common Stock (25,000 underlying) - 50,000
Stock Option (right to buy)
Exercise: $0.23From: 2005-09-12Exp: 2009-09-12→ Common Stock (50,000 underlying) - 54,706
Common Stock
- 786,211(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Securities held by William S. Sadler Qualified Marital Trust U/W, of which Kurt Sadler is a trustee and may be deemed to beneficially own the securities; Mr. Sadler disclaims beneficial ownership of the securities except to the extent of his pecuniary interest.
- [F2]Original option (50,000 shares) exercisable; 12,500 shares on each of November 17, 2003; April 1, 2004; October 1, 2004 and April 1, 2005.
- [F3]The William S. Sadler Qualified Marital Trust granted an option to a third party to purchase a certain number of the shares the Trust holds of the issuer. Pursuant to a stock option agreement between the Trust and the third party, the option may be exercised from time to time after certain performance criteria are met.