QUALITY PRODUCTS INC 4
4 · QUALITY PRODUCTS INC · Filed Nov 12, 2003
Insider Transaction Report
Form 4
DREXLER RICHARD A
DirectorChairman & CEO10% Owner
Transactions
- Gift
Series A Convertible Preferred Stock
2003-10-07−1,000→ 3,080 totalExercise: $0.75From: 2005-10-15→ Common Stock (133,333 underlying)
Footnotes (3)
- [F1]This constitutes the 1,000 shares of Series A Preferred previously held by the Alyce Lazar Living Trust (of which Mr. Drexler is the trustee and under which he used to be deemed the indirect owner of such shares), which were previously reported by Mr. Drexler on a Form 4 dated October 15, 2002, and which were disbursed from the trust on October 7, 2003.
- [F2]Mr. Drexler still holds 1,630 shares of Series A Preferred Stock purchased by Richard A Drexler TTEE, Richard A. Drexler Trust, as well as 1,450 shares of Series A Preferred Stock purchased by Mr. Drexler's trust through a SEP IRA.
- [F3]N/A