INFINIUM LABS INC 4
4 · INFINIUM LABS INC · Filed Aug 1, 2006
Insider Transaction Report
Form 4
ROBERTS TIMOTHY
DirectorChairman and CEO10% Owner
Transactions
- Other
Common Stock, $.001 par value
2006-07-27$0.01/sh+6,317,453$94,762→ 28,934,335 total - Award
Common Stock, $.001 par value
2006-07-27$0.02/sh+20,000,000$340,000→ 35,252,335 total
Footnotes (2)
- [F1]Represents shares of the Company's common stock which were issued to the Reporting Person for services performed pursuant to his Employment Agreement with the Issuer.
- [F2]Represents shares of the Company's common stock which were pledged as security by the Reporting Person and transferred to the holder in satisfaction of a certain $90,000 promissory note in which the Reporting Person was in default.