FINNEGAN LAURENCE P JR 4
4 · Emrise CORP · Filed Aug 26, 2008
Insider Transaction Report
Form 4
Emrise CORPERI
FINNEGAN LAURENCE P JR
Director
Transactions
- Award
Stock option (right to buy)
2008-08-22+37,500→ 37,500 totalExercise: $0.58Exp: 2018-08-22→ Common Stock (37,500 underlying) - Award
Stock Option (right to buy)
2008-08-22+37,500→ 37,500 totalExercise: $0.81Exp: 2018-08-22→ Common Stock (37,500 underlying)
Footnotes (2)
- [F1]The option becomes exercisable in three installments on August 22, 2009, 2010 and 2011.
- [F2]Option shall be exercisable in three equal installments on the latter of (a) August 22, 2009, August 22, 2010 and August 22, 2011, respectively, or (b) the date the Company files its financial statements with the Securities and Exchange Commission for the second consecutive fiscal quarter in which the Company reports net income (after taxes) on its Condensed Consolidated Statements of Operations after August 22, 2008.