TONKIN LEO S 4
4 · STAR SCIENTIFIC INC · Filed Jun 3, 2009
Insider Transaction Report
Form 4
TONKIN LEO S
Director
Transactions
- Exercise/Conversion
Common Stock
2009-06-01$1.10/sh+25,000$27,500→ 25,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2009-06-01−25,000→ 400,000 totalExercise: $1.10From: 2002-11-20Exp: 2012-11-20→ Common Stock (25,000 underlying) - Tax Payment
Common Stock
2009-06-01$5.00/sh−5,500$27,500→ 19,500 total
Footnotes (2)
- [F1]Reflects 5,500 shares withheld by the issuer at the market price of $5.00 per share less an exercise price of $1.10 per share to fund the cashless exercise of 25,000 options.
- [F2]Stock options under the Issuer's 2000 Equity Incentive Plan. The option shares are fully vested.