PASLAWSKI EDWARD T 4
4 · MFIC CORP · Filed May 16, 2005
Insider Transaction Report
Form 4
MFIC CORPMFIC.OB
PASLAWSKI EDWARD T
Director
Transactions
- Tax Payment
Common Stock
2005-05-12$1.00/sh+10,876$10,876→ 10,876 total - Exercise/Conversion
Common Stock Options
2005-05-12$1.00/sh−25,000$25,000→ 37,500 totalExercise: $1.00Exp: 2005-06-26→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Common Stock Options exercised through a net exercise election. The closing price of the Common Stock on the exercise date of 5/12/05 was $1.77 and was used for the purpose of calculating the net number of shares to be issued upon exercise of the Common Stock Options.
- [F2]Grant of option to purchase, vests 25% each year