NANO PROPRIETARY INC·4

Jan 4, 4:22 PM ET

ELLER MARC W 4

4 · NANO PROPRIETARY INC · Filed Jan 4, 2005

Insider Transaction Report

Form 4
Period: 2004-12-31
ELLER MARC W
DirectorChairman, CEO
Transactions
  • Award

    Stock Option (Right to Buy)

    2005-01-02+200,000730,000 total
    Exercise: $2.17Exp: 2015-01-02Common Stock (200,000 underlying)
  • Award

    Stock Option (Right to Buy)

    2004-12-31+50,000930,000 total
    Exercise: $2.17From: 2004-12-31Exp: 2014-12-31Common stock (200,000 underlying)
  • Other

    Stock Optioni (Right to Buy)

    2004-12-31200,000530,000 total
    Exercise: $2.93Exp: 2004-12-31Common Stock (500,000 underlying)
  • Other

    Stock Option (Right to Buy)

    2004-12-31200,000730,000 total
    Exercise: $2.93Exp: 2004-12-31Common Stock (200,000 underlying)
Holdings
  • Common Stock

    221,796
Footnotes (4)
  • [F1]Vests upon completion of license or royalty agreements resulting in cumulative up-front payments totaling at least $3 million during calendar 2005.
  • [F2]Vests if Company achieves profitability in 2005.
  • [F3]Expiration of options that never vested.
  • [F4]Options were granted 1/23/04, but never became vested.

Documents

1 file
  • 4
    edgar.xmlPrimary

    PRIMARY DOCUMENT