SKARR TOBY 4
4 · KITTY HAWK INC · Filed Dec 1, 2003
Insider Transaction Report
Form 4
KITTY HAWK INCKTHK
SKARR TOBY
VP and General Manager
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2003-11-25−8,700→ 255,300 totalExercise: $0.30Exp: 2013-07-30→ Common Stock (8,700 underlying) - Sale
Common Stock
2003-11-25$1.14/sh−8,700$9,926→ 0 total - Exercise/Conversion
Common Stock
2003-11-25$0.30/sh+8,700$2,610→ 8,700 total
Footnotes (2)
- [F1]Of the remaining 255,300 shares of Common Stock issuable upon exercise of the stock option, 42,800 shares were vested on December 1, 2003 and 212,500 shares will vest in 34 equal monthly installments beginning on January 1, 2004.
- [F2]Not applicable.