REED MORTON 4
4 · LITFUNDING CORP · Filed Aug 4, 2004
Insider Transaction Report
Form 4
LITFUNDING CORPLFDG
REED MORTON
DirectorChief Executive Officer10% Owner
Transactions
- Other
Common Stock
2004-07-30$1.00/sh+125,015$125,015→ 5,095,015 total
Holdings
- 482,500
Warrants
Exercise: $0.10From: 2003-12-22Exp: 2006-12-22→ Common Stock (232,500 underlying) - 482,500
Options
Exercise: $1.00From: 2003-02-20Exp: 2007-02-20→ Common Stock (32,500 underlying)
Footnotes (1)
- [F1]122,515 shares were issued in lieu of employee salary and 2,500 shares issued as director compensation pursuant to bankruptcy court order