MORASH DAVID L 4
4 · AXESSTEL INC · Filed Jun 20, 2005
Insider Transaction Report
Form 4
AXESSTEL INCAFT
MORASH DAVID L
DirectorPresident & CFO
Transactions
- Award
Employee Stock Option (Right to Buy)
2005-06-16+100,000→ 100,000 totalExercise: $3.41Exp: 2015-06-16→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]The option was granted under the Axesstel, Inc. 2004 Equity Incentive Plan.
- [F2]Shares vest and become exercisable in 16 equal quarterly installments of 6,250 shares beginning September 16, 2005.
- [F3]The price of the derivative security will be determined at a future date.