SWIG JACK M 4
4 · MFIC CORP · Filed Dec 15, 2005
Insider Transaction Report
Form 4
MFIC CORPMFIC.OB
SWIG JACK M
Vice President
Transactions
- Award
Stock Option (Right to Buy)
2005-01-02+10,000→ 10,000 totalExercise: $3.70Exp: 2015-01-02→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Option to purchase common stock granted 1/2/2005; 25% exercisable on each of the first four anniversaries of the date of grant. In reviewing previous filings, it was discovered that the vesting shedule of certain previous option grants were reported incorrectly. Each option to purchase common stock presently held by the filer vests on the following schedule: 25% exercisable on each of the first four anniversaries of grant.
- [F2]Certain previous filings incorrectly included in this column all derivative securities held by the filer.