OWINGS JOHN R 4
4 · ISCO INTERNATIONAL INC · Filed Oct 2, 2007
Insider Transaction Report
Form 4
OWINGS JOHN R
Director
Transactions
- Award
Common Stock
2007-10-01+30,000→ 30,000 total
Footnotes (2)
- [F1]Restricted shares awarded to Mr. Owings which will vest in three equal installments of 10,000 shares on each of December 15, 2007, March 15, 2008 and June 15, 2008.
- [F2]Mr. OwIngs did not pay for the shares in question; they were awarded to him pursuant to the Issuer's non-employee director compensation policy. 18,750 shares were awarded for his service as a Board member, 5,625 shares were awarded for his service on the Compensation Committee and 5,625 shares were awarded for his service on the Audit Committee. The closing price of the subject shares on October 1, 2007 was $.27 per share.