SKARR TOBY 4
4 · KITTY HAWK INC · Filed Nov 24, 2003
Insider Transaction Report
Form 4
KITTY HAWK INCKTHK
SKARR TOBY
VP and General Manager
Transactions
- Exercise/Conversion
Common Stock
2003-11-21$0.30/sh+20,000$6,000→ 20,000 total - Sale
Common Stock
2003-11-24$1.07/sh−8,500$9,059→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2003-11-21−20,000→ 272,500 totalExercise: $0.30Exp: 2013-07-30→ Common Stock (20,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2003-11-24−8,500→ 264,000 totalExercise: $0.30Exp: 2003-07-30→ Common Stock (8,500 underlying) - Sale
Common Stock
2003-11-21$1.05/sh−20,000$21,000→ 0 total - Exercise/Conversion
Common Stock
2003-11-24$0.30/sh+8,500$2,550→ 8,500 total
Footnotes (2)
- [F1]Of the remaining 264,000 shares of Common Stock issuable upon exercise of the stock option, 45,250 shares were vested on November 24, 2003 and 218,750 shares will vest in 35 equal monthly installments beginning on December 1, 2003.
- [F2]Not applicable.