NESTOR INC 4
4 · NESTOR INC · Filed Jun 5, 2007
Insider Transaction Report
Form 4
NESTOR INCNEST
DANZELL WILLIAM B
Director10% Owner
Transactions
- Purchase
Common Stock
2007-06-04$0.53/sh+80,000$42,400→ 238,366 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
- 9,851,430(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]By Danzell Investment Management, Ltd., Managed Accounts
- [F2]By Silver Star Partners I, 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