NANO PROPRIETARY INC 4
4 · NANO PROPRIETARY INC · Filed Dec 13, 2006
Insider Transaction Report
Form 4
Bijou Thomas F
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2006-12-11$1.40/sh+71,429$100,001→ 71,429 total
Holdings
- 800,000
Stock Option (Right to Buy)
Exercise: $1.19Exp: 2016-06-01→ Common Stock (800,000 underlying) - 200,000
Stock Option (Right to Buy)
Exercise: $1.19Exp: 2016-06-01→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Options vest quarterly over a period of one year through June 1, 2007.
- [F2]Options vest in increments based on achievement of several cash flow from operations adn Earnins Per Share Goals.