GILMAN & CIOCIA INC 4
4 · GILMAN & CIOCIA INC · Filed Jun 14, 2005
Insider Transaction Report
Form 4
GILMAN & CIOCIA INCGTAX.PK
CIOCIA JAMES
DirectorChairman
Transactions
- Purchase
Common Stock
2005-06-13+1,500→ 587,816 total
Footnotes (2)
- [F1]Shares acquired represent shares paid as interest on a Note, the obligor of which is Gilman + Ciocia, Inc.
- [F2]474,686 of such shares are subject to an option held by Prime Management Corporation at an exercise price per share equal to the greater of 160% of the market price of the Issuer's common stock and $75. Michael P. Ryan, the President of the Issuer, also holds the voting rights to such 474,686 shares pursuant to a voting trust agreement.