MFIC CORP 4/A
4/A · MFIC CORP · Filed Jan 31, 2007
Insider Transaction Report
Form 4/AAmended
MFIC CORPMFIC.OB
ROY LEO PIERRE
Director
Transactions
- Exercise/Conversion
Common Stock Options
2006-12-14−7,500→ 30,000 totalExercise: $0.51Exp: 2007-01-02→ Common Stock (7,500 underlying) - Tax Payment
Common Stock
2006-12-14$0.51/sh+7,500$3,825→ 27,111 total
Footnotes (3)
- [F1]Option to purchase 7,500 shares of common stock granted 1/2/2002; 25% exercisable six months and one day after date of grant; an additional 25% exercisable on each of the first three anniversaries of the date of grant.
- [F2]Amount included in this column reflects number of options to purchase common stock beneficially owned following the reported transactions.
- [F3]Form 4 as originally filed on 12/18/2006 indicated a price of $.50. This amendment to such Form 4 indicates a price of $.51. This change reflects the recent amendment to the option agreement, originally dated 1/2/02, to state the price as $.51, which is the price to which the contracting parties originally agreed.