SKARR TOBY 4
4 · KITTY HAWK INC · Filed May 24, 2004
Insider Transaction Report
Form 4
KITTY HAWK INCkthk
SKARR TOBY
VP and General Manager
Transactions
- Sale
Common Stock
2004-05-21$1.52/sh−1,000$1,520→ 0 total - Exercise/Conversion
Common Stock
2004-05-21$0.30/sh+1,000$300→ 1,000 total - Exercise/Conversion
Stock Option (right to buy)
2004-05-21−1,000→ 207,000 totalExercise: $0.30Exp: 2013-07-30→ Common Stock (1,000 underlying)
Footnotes (2)
- [F1]Of the remaining 207,000 shares of common stock issuable upon exercise of the stock option, 25,750 shares were vested on May 21, 2004 and 181,250 shares will vest in 29 equal monthly installments beginning on June 1, 2004.
- [F2]Not applicable.