5//SEC Filing
Crown Financial Holdings, Inc. 5
Accession 0001181431-05-034758
CIK 0001318309operating
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 4:49 PM ET
Size
15.2 KB
Accession
0001181431-05-034758
Insider Transaction Report
Form 5
Feitell Alan E
Managing Dir of Equity Trading
Transactions
- Purchase
Common Stock
2004-08-05$0.33/sh+75,758$25,000→ 85,758 total - Award
Non Qualified Stock Option
2004-11-15+15,000→ 72,500 totalExercise: $0.30From: 2005-11-15Exp: 2009-11-15→ Common Stock (15,000 underlying) - Award
Non Qualified Stock Option
2004-09-07+50,000→ 72,500 totalExercise: $0.41From: 2005-09-07Exp: 2009-09-07→ Common Stock (50,000 underlying) - Purchase
Common Stock
2004-07-29$0.49/sh+10,000$4,950→ 85,758 total
Holdings
- 72,500
Non Qualified Stock Option
Exercise: $1.35From: 2004-05-12Exp: 2008-05-12→ Common Stock (2,500 underlying)
Footnotes (8)
- [F1]Shares were purchased directly from the issuer. The shares were issued without registration and subject to restrictions under the Securities Act of 1933.
- [F2]Option to purchase 2,500 shares granted on May 12, 2003 with an exercise price of $1.35 exercisable pursuant to the following vesting schedule: 850 options on the first anniversary of the grant date; 825 options on the second anniversary of the grant date and 825 options on the third anniversary of the grant date.
- [F3]Option to purchase 50,000 shares granted on September 7, 2004 with an exercise price of $0.41 exercisable pursuant to the following vesting schedule: 50% on the first anniversary of the grant date; 50% on the second anniversary of the grant date.
- [F4]Option to purchase 15,000 shares granted on November 15, 2004 with an exercise price of $0.30 exercisable pursuant to the following vesting schedule: 5,100 options on the first anniversary of the grant date; 4,950 options on the second anniversary of the grant date and 4,950 options on the third anniversary of the grant date.
- [F5]Open market purchase. 10,000 shares purchased at an average price of $0.495.
- [F6]Non Qualified Employee Stock Option
- [F7]Non Qualified Employee Stock Option
- [F8]Original options to purchase 5,000 shares were exercisable pursuant to the following vesting schedule: 50% on first anniversary of the grant and 50% on the second anniversary of the grant. Due to change of control provisions under Company's 2003 Employee Stock Option and the subsequent transaction with Sky Capital, the 5,000 shares vested on 8/3/2004.
Documents
Issuer
Crown Financial Holdings, Inc.
CIK 0001318309
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001318309
Filing Metadata
- Form type
- 5
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 4:49 PM ET
- Size
- 15.2 KB