PONTICAS GEORGE E 4
4 · SONEX RESEARCH INC · Filed May 28, 2004
Insider Transaction Report
Form 4
PONTICAS GEORGE E
CFO and Secretary
Transactions
- Award
Stock Option (Right to Buy)
2003-12-31+50,000→ 12,500 totalExercise: $0.25From: 2003-12-31Exp: 2013-12-30→ Common Stock (50,000 underlying) - Award
Common Stock
2004-02-24$0.10/sh+100,000$10,000→ 1,070,190 total - Award
Stock Option (Right to Buy)
2004-01-29+25,000→ 25,000 totalExercise: $0.25From: 2004-01-29Exp: 2014-01-28→ Common Stock (25,000 underlying) - Award
Common Stock
2004-03-11$0.12/sh+200,000$24,000→ 1,270,190 total
Footnotes (3)
- [F1]Represents award of shares as compensation. Price per share is the market price of the stock on the date of award.
- [F2]Represents shares awarded in payment of accrued compensation. Price per share is the market price of the stock on the date of award.
- [F3]Options are exercisable 25% at the date of grant and 25% on each subsequent anniversary of the date of grant.