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SPIRN JEFFREY 4

Accession 0001203931-05-000001

CIK 0000796655other

Filed

Feb 27, 7:00 PM ET

Accepted

Feb 28, 4:33 PM ET

Size

8.5 KB

Accession

0001203931-05-000001

Insider Transaction Report

Form 4
Period: 2005-02-25
SPIRN JEFFREY
Vice President R&D
Transactions
  • Exercise/Conversion

    Warrant to purchase common stock

    2005-02-251210,000 total
    Exercise: $1.40From: 2004-03-16Exp: 2006-03-31Common Stock (40,000 underlying)
  • Purchase

    Common Stock

    2005-02-25$1.40/sh+40,000$56,00080,000 total
Footnotes (2)
  • [F1]On 2/25/2005 Mr. Spirn exercised a warrant to purchase 40,000 shares of ANTs software inc. common stock. Such warrant was granted to Mr. Spirn when he purchased 40,000 units in a private offering conducted by the company during 2003 and 2004.
  • [F2]Item 9 includes a warrant dated 5/23/2000 for 50,000 shares, exercise price $5.50, fully vested, an option grant dated 12/12/2000 for 10,000 shares, exercise price $3.00, fully vested; an option grant dated 2/21/2001 for 40,000 shares, exercise price $2.9062, fully vested; an option grant dated 10/03/2001 for 10,000 shares, exercise price $2.00, fully vested; an option grant dated 11/28/2001 for 10,000 shares, exercise price $2.00, fully vested; an option grant dated 4/10/2002 for 50,000 shares, exercise price $1.90, subject to vesting schedule: 2.78% of shares vest each month such that 100% are vested after three years ;an option grant dated 8/7/2002 for 20,000 shares, exercise price $.52, fully vested; an option grant dated 1/30/2004 for 20,000 shares, exercise price $.81, fully vested.

Issuer

ANTS SOFTWARE INC

CIK 0000796655

Entity typeother

Related Parties

1
  • filerCIK 0001203931

Filing Metadata

Form type
4
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:33 PM ET
Size
8.5 KB