LION INC/WA 4
4 · LION INC/WA · Filed Sep 8, 2004
Insider Transaction Report
Form 4
LION INC/WALINN
RINGER SAM
Director
Transactions
- Exercise/Conversion
Common Stock
2004-09-03$0.07/sh+200,000$14,000→ 1,908,920 total - Exercise/Conversion
Employee Stock Options - right to buy
2004-09-03$0.07/sh−200,000$14,000→ 200,000 totalExercise: $0.07Exp: 2013-04-22→ Common Stock (200,000 underlying) - Other
Employee Stock Options - right to buy
2004-09-03$0.07/sh−200,000$14,000→ 0 totalExercise: $0.07Exp: 2013-04-22→ Common Stock (200,000 underlying) - Tax Payment
Common Stock
2004-09-03$0.40/sh−35,000$14,000→ 1,873,920 total
Footnotes (2)
- [F1]Options vested based upon the completion of certain projects.
- [F2]Options are forfeited due to certain projects that will not be completed.