ISCO INTERNATIONAL INC 4
4 · ISCO INTERNATIONAL INC · Filed Jun 12, 2007
Insider Transaction Report
Form 4
CALHOUN GEORGE M
Director
Transactions
- Award
Common Stock
2007-06-08+45,000→ 165,250 total
Footnotes (2)
- [F1]Restricted shares awarded to Mr. Calhoun which will vest in four equal installments of 11,250 shares on each of September 15, 2007, December 15, 2007, March 15, 2008 and June 15, 2008.
- [F2]Mr. Calhoun did not pay for the shares in question; they were awarded to him pursuant to the Issuer's non-employee director compensation policy. 25,000 shares were awarded for his service as a Board member; 12,500 were awarded for his service as Chairman of the Audit Committee and 7,500 were awarded for his service on the Compensation Committee. The closing price of the subject shares on June 8, 2007 was $0.22 per share.