4//SEC Filing
ISCO INTERNATIONAL INC 4
Accession 0001192482-06-000357
CIK 0000888693operating
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 3:57 PM ET
Size
9.2 KB
Accession
0001192482-06-000357
Insider Transaction Report
Form 4
Thode John
President and CEO
Transactions
- Award
Common Stock
2006-06-16+6,000,000→ 6,172,500 total - Sale
Common Stock
2006-06-30$0.33/sh−100,000$32,570→ 6,072,500 total - Sale
Coomon Stock
2006-07-03$0.32/sh−100,000$32,000→ 5,972,500 total
Footnotes (3)
- [F1]Restricted shares granted pursuant to a Restricted Stock Award Agreement under the ISCO International, Inc. 2003 Equity Incentive Plan, dated June 16, 2006, by and between the Issuer and the reporting person (the "Award Agreement"). 2,000,000 of the subject shares will vest over time in four installments of 500,000 shares each beginning on June 30, 2006 and continuing every 6 months thereafter until December 31, 2007. 2,000,000 shares will vest on each of the filing dates of the Issuer's Form 10-K's for the 2006 and 2007 fiscal years, if the performance goals specified by the Issuer's Board of Directors for the applicable fiscal year are achieved. All of the aforementioned vesting is conditioned upon the reporting person's continued employment by the Issuer.
- [F2]The reporting person did not pay for the shares in question; they were granted to the reporting person pursuant to the Award Agreement. On the date of the award, the closing price of the shares was $0.32.
- [F3]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 1, 2006.
Documents
Issuer
ISCO INTERNATIONAL INC
CIK 0000888693
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000888693
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 3:57 PM ET
- Size
- 9.2 KB