CAROL DORE- FALCONE 5
5 · INNOVATIVE COMPANIES INC · Filed Sep 12, 2003
Insider Transaction Report
Form 5
CAROL DORE- FALCONE
Vice-President & CFO
Transactions
- Award
Common stock, $0.01 par value
2003-03-17+1,500→ 16,500 total - Award
Options
2002-06-20+1→ 100,000 totalExercise: $0.85Exp: 2009-09-30→ Common Stock (50,000 underlying) - Award
Options
2000-12-01+1→ 50,000 totalExercise: $2.00Exp: 2009-09-30→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]: The stock was acquired as a result of a 10% stock dividend declared by the Company's Board of Directors and given to all shareholders of record on March 1, 2003.
- [F2]The options vest over a three year period, with 1/3 vesting one year after issuance, 1/3 after two years, and the final 1/3 after three years. The options are exercisable upon vesting.
- [F3]The options were granted by the Board of Directors.