NESTOR INC 4
4 · NESTOR INC · Filed Aug 25, 2006
Insider Transaction Report
Form 4
NESTOR INCNEST
DANZELL WILLIAM B
Director10% Owner
Transactions
- Purchase
Common Stock
2006-08-22$2.95/sh+284$838→ 110,966 total(indirect: See Footnote) - Purchase
Common Stock
2006-08-23$3.00/sh+1,800$5,400→ 112,766 total(indirect: See Footnote) - Purchase
Common Stock
2006-08-18$2.75/sh+15,000$41,250→ 9,851,430 total(indirect: See Footnote) - Award
Stock Options
2004-10-31+500,000→ 500,000 totalExercise: $4.95Exp: 2012-10-13→ Common Stock (500,000 underlying)
Holdings
- 10,400
Common Stock
Footnotes (5)
- [F1]By Danzell Investment Management, Ltd., Managed Accounts
- [F2]By Silver Star Partners, LLC. Silver Star
- [F3]Mr. Danzell disclaims beneficial ownership of shares beneficially owned indirectly
- [F4]Exercisable as to 100,000 shares on 12/31/2004, an additional 200,000 shares on 12/31/2005 and an additional 200,000 shares on 12/31/2006
- [F5]Exercisable on the earlier of (1) 10/13/12 or (2) as to 100,000 shares on the date on which the 10-day average of the last reported sale price exceeds 117.5% of the exercise price, as to an additional 200,000 shares on the date on which the 10-day average of the last reported sale price exceeds 138.0625% of the exercise price, and as to an additional 200,000 shares on the date on which the 10-day average of the last reported sale price exceeds 162,223,437.50% of the exercise price