ISCO INTERNATIONAL INC 4
4 · ISCO INTERNATIONAL INC · Filed Jun 12, 2007
Insider Transaction Report
Form 4
Pini Ralph
Director
Transactions
- Award
Common Stock
2007-06-08+52,500→ 129,000 total
Footnotes (2)
- [F1]Restricted shares awarded to Mr. Pini which will vest in four equal installments of 13,125 shares on each of September 15, 2007, December 15, 2007, March 15, 2008 and June 15, 2008.
- [F2]Mr. Pini 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 Board; 7,500 shares were awarded for his service on the Compensation Committee; and 7,500 shares were awarded for his service on the Corporate Governance Committee. The closing price of the subject shares on June 8, 2007 was $0.22 per share.