MEDI HUT CO INC 4
4 · MEDI HUT CO INC · Filed Mar 1, 2005
Insider Transaction Report
Form 4
MEDI HUT CO INCMHUT
OTTO RICHARD E
Director
Transactions
- Award
Warrant (right to buy Common Stock)
2005-02-25+200,000→ 200,000 totalExercise: $0.03From: 2005-02-25Exp: 2010-02-25→ Common Stock, $0.001 par value (200,000 underlying)
Footnotes (2)
- [F1]The exercise price per share is subject to adjustment from time to time as provided in the Warrant Certificate.
- [F2]100,000 of the 200,000 shares underlying the Warrant shall be eligible for purchase on and after the date of issuance, February 25, 2005. The remainder of the 200,000 shares underlying the Warrant shall be eligible for purchase on and after February 25, 2006, the first anniversary of the date of issuance of the Warrant. All underlying shares shall immediately vest ten (10) days prior to the effective date of a Change of Control, as such term is defined in the Warrant Certificate.