Fernandez Charles J 4/A
4/A · ELANDIA INTERNATIONAL INC. · Filed Mar 24, 2009
Insider Transaction Report
Form 4/AAmended
ELANDIA INTERNATIONAL INC.ELAN.OB
Fernandez Charles J
Director
Transactions
- Other
COMMON STOCK
2008-05-31$3.20/sh+3,382$10,822→ 9,382 total - Award
Option to Purchase Common Stock
2008-05-28$3.20/sh+60,000$192,000→ 60,000 totalExercise: $3.20From: 2008-08-28Exp: 2018-05-28→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]3,382 shares of common stock granted as compensation for Mr. Fernandez's service as an independent director on the Company's Board of Directors in fiscal 2008.
- [F2]These Options were granted pursuant to a Non-Qualified Stock Option Agreement under the Issuer's 2008 Executive Incentive Plan; one eighth (7,500) of the underlying shares will vest equally on a quarterly basis over a two year-period beginning August 28, 2008, provided the reporting person remains continuously as a member of the Board of Directors of the Issuer from the date of grant until each respective vesting date.