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5//SEC Filing

Crown Financial Holdings, Inc. 5

Accession 0001181431-05-034761

CIK 0001318309operating

Filed

Jun 14, 8:00 PM ET

Accepted

Jun 15, 4:55 PM ET

Size

9.8 KB

Accession

0001181431-05-034761

Insider Transaction Report

Form 5
Period: 2005-01-31
KENNEDY CHARLES B III
Interim President and CEO
Transactions
  • Award

    Non Qualified Stock Option

    2004-09-07+100,000235,000 total
    Exercise: $0.41From: 2005-09-07Exp: 2009-09-07Common Stock (100,000 underlying)
Holdings
  • Non Qualified Stock Option

    Exercise: $1.83From: 2004-08-03Exp: 2009-03-24Common Stock (75,000 underlying)
    235,000
Footnotes (5)
  • [F1]Option Grant represents 100,000 shares granted on 9/7/2004 with an exercise price of $0.41and vesting pursuant to the following schedule: 50% on the first anniversary of the grant date; 50% on the second anniversary of the grant date.
  • [F2]Option grant representing 100,000 shares granted on 9/7/2004 was canceled on 3/1/2005.
  • [F3]Employee Stock Option Grant.
  • [F4]Originally options to purchase 60,000 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 60,000 shares vested on 8/3/2004.
  • [F5]Originally options to purchase 75,000 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 75,000 shares vested on 8/3/2004.

Documents

1 file

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, 4:55 PM ET
Size
9.8 KB