BORSANYI ANDREW 4
4 · SUNLAND ENTERTAINMENT CO INC · Filed Sep 25, 2003
Insider Transaction Report
Form 4
BORSANYI ANDREW
DirectorCo-President
Transactions
- Award
Employee Stock Option (right to buy)
2003-09-23+187,500→ 187,500 totalExercise: $0.51Exp: 2013-09-22→ Common Stock (187,500 underlying)
Footnotes (2)
- [F1]The exercise price represents the average price of a share of the Registrant's Common Stock on the Over-The-Counter Bulletin Board over the ten (10) consecutive trading days immediately preceding September 23, 2003, the date of grant.
- [F2]The option vests as follows: 33.33% of the shares underlying the option will vest on May 20, 2004, and the remaining shares underlying the option will vest in equal monthly installments on the last day of each month over the following two years beginning on June 30, 2004.