MIX RUSSELL 4
4 · SPECTRE GAMING INC · Filed Jul 13, 2004
Insider Transaction Report
Form 4
MIX RUSSELL
Director
Transactions
- Award
Stock Options
2004-03-22+600,000→ 600,000 totalExercise: $1.50Exp: 2013-03-22→ Common Stock (600,000 underlying)
Holdings
- 0
Common Stock
- 66,666
Stock Options
Exercise: $0.75Exp: 2013-11-17→ Common Stock (66,666 underlying)
Footnotes (3)
- [F1]Pursuant to Rule 16b-3; right to buy.
- [F2]20,833 shares vested immediately. 20,833 shares each vest on 11/17/04 and 11/17/05 and 4,167 shares vest on 11/17/06.
- [F3]60,000 shares vest immediately. 60,000 shares each vest on 3/22/04, 3/22/05, 3/22/06, and 3/22/07. The remainder of the option vests on the earlier of 3/22/2013 or in 60,000 share increments when the stock price trades for 20 consecutive trading dates at $3.00, $5.00, $7.00, $9.00 and $10.00.