4//SEC Filing
INDUSTRIAL SERVICES OF AMERICA INC 4
Accession 0001175207-16-000001
CIK 0000004187operating
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 2:18 PM ET
Size
5.8 KB
Accession
0001175207-16-000001
Insider Transaction Report
Form 4
GARBER SEAN
President10% Owner
Transactions
- Other
Option (right to buy)
2016-09-30−1,500,000→ 0 total(indirect: by Algar, Inc.)Exercise: $5.00→ Common Stock (1,500,000 underlying)
Footnotes (1)
- [F1]In connection with the termination of a Management Services Agreement (the "MSA") between the issuer and Algar, Inc., the parties agreed to terminate 1,500,000 out-of-the-money stock options that the issuer granted to Algar, Inc. at the time of entry into the MSA. The reporting person is Chief Executive Officer of and the controlling shareholder of Algar, Inc.
Documents
Issuer
INDUSTRIAL SERVICES OF AMERICA INC
CIK 0000004187
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000004187
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 2:18 PM ET
- Size
- 5.8 KB