HAUKE RUDOLF 4
4 · MAGNITUDE INFORMATION SYSTEMS INC · Filed Nov 16, 2009
Insider Transaction Report
Form 4
HAUKE RUDOLF
DirectorPresident and CEO
Transactions
- Purchase
CommonStock
2009-11-13$0.01/sh+10,000,000$80,000→ 12,100,000 total - Award
Stock Options
2009-02-13+1,600,000→ 1,600,000 totalExercise: $0.01→ Common Stock (1,600,000 underlying) - Award
Stock Options
2009-07-14+500,000→ 2,100,000 totalExercise: $0.05From: 2008-07-14Exp: 2010-07-13→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]Reporting Person purchased these common shares in a private transaction on November 13, 2009.
- [F2]Reporting Person earns 100,000 stock options for each month of service as the President and Chief Executive Officer of Issuer, exercisable over a 4-year period at $0.10 per share; the amount of 1,600,000 stock options represents the amount earned over the 16 month period, from July 14, 2008 through November 14, 2009.
- [F3]Prices of Stock Options are indeterminable.