FOTOBALL USA INC 4
4 · FOTOBALL USA INC · Filed Jan 26, 2004
Insider Transaction Report
Form 4
FOTOBALL USA INCFUSA
K2 INC
10% Owner
Transactions
- Award
Stock Option (right to buy)
2004-01-10+0→ 0 total→ Common Stock
Footnotes (4)
- [F1]The Issuer will receive .2757 of a share of common stock of the Reporting Person for each share of Common Stock of the Issuer purchased pursuant to the Stock Option.
- [F2]The Reporting Person may purchase the lowest number of shares from the Issuer to bring the number of shares of Common Stock of the Issuer owned by the Reporting Person to equal 90% of the outstanding Common Stock of the Issuer.
- [F3]The Stock Option became excercisable on January 10, 2004, when the Reporting Person accepted for purchase the shares Common Stock of the Issuer tendered and accepted in an exchange offer by the Reporting Person for all the outstanding shares of Common Stock of the Issuer.
- [F4]The Stock Option expires upon the merger of a wholly owned subsidiary of the Reporting Person ("Merger Sub") with and into the Issuer pursuant to an Agreement and Plan of Merger dated as of November 25, 2003, by and among the Reporting Person, the Issuer and Merger Sub.