Asghar Shahid S 4
4 · ECC Capital CORP · Filed Jul 11, 2005
Insider Transaction Report
Form 4
Asghar Shahid S
DirectorCo-CEO and President
Transactions
- Exercise/Conversion
Common Stock
2005-07-07$0.56/sh+23,660$13,250→ 23,660 total(indirect: By Spouse) - Exercise/Conversion
Common Stock
2005-07-07$1.14/sh+1,000,000$1,140,000→ 11,700,167 total - Exercise/Conversion
Employee Stock Option (right to buy)
2005-07-07−1,000,000→ 0 totalExercise: $1.14From: 2003-12-31Exp: 2013-12-30→ Common Stock (1,000,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2005-07-07−23,660→ 35,493 total(indirect: By Spouse)Exercise: $0.56From: 2004-07-01Exp: 2013-06-30→ Common Stock (23,660 underlying)
Footnotes (1)
- [F1]The option becomes exercisable in installments of twenty percent (20%) commencing on the first anniversary date of the vesting commencement date as indicated and as to twenty percent (20%) of the total grant amount on the vesting commencement date each year thereafter.