PHASE III MEDICAL INC/DE 4
4 · PHASE III MEDICAL INC/DE · Filed Oct 5, 2005
Insider Transaction Report
Form 4
PHASE III MEDICAL INC/DEPHSM.OB
Aholt Robert Joseph JR
Chief Operating Officer10% Owner
Transactions
- Award
Common Stock, $.001 par value
2005-10-03$0.06/sh+461,206$26,750→ 4,369,317 total
Holdings
- 7,282,913(indirect: By Trust)
Common Stock, $.001 par value
Footnotes (1)
- [F1]Pursuant to the terms of an employment agreement dated September 13, 2004, as amended by a letter agreement dated July 20, 2005, and entered into between Phase III Medical, Inc. (the "Company") and Robert J. Aholt, Jr., the Company's Chief Operating Officer, on October 3, 2005, the Company issued to Mr. Aholt, 461,206 shares of the Company's unregistered common stock, $.001 par value (the "Common Stock"). The shares issued had an aggregate dollar value of $26,750, and the price per share was equal to the average closing price of one share of Common Stock on the National Association of Securities Dealers, Inc. Over-the-Counter Bulletin Board for the five (5) consecutive trading days immediately preceding the date of grant of such shares.