DOVER MOTORSPORTS INC 4
4 · DOVER MOTORSPORTS INC · Filed Apr 30, 2008
Insider Transaction Report
Form 4
BAGLEY PATRICK J
Director
Transactions
- Tax Payment
Common Stock, $.10 par value
2008-04-28$6.48/sh−602$3,901→ 32,591 total
Holdings
- 20,000
Options granted 01/03/2003
Exercise: $4.68Exp: 2011-01-02→ Common Stock (20,000 underlying) - 20,000
Options granted 05/17/2002
Exercise: $7.24Exp: 2010-05-16→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Includes 29,591 shares of restricted stock granted under the Company's Incentive Stock Plan in transactions exempt under Rule 16b-3 (full amount of original grant, whether or not vested, less shares disposed of, if any). Shares vest one fifth per year beginning on the second anniversary of the grant date (beneficial ownership in unvested shares is disclaimed for Section 16 purposes). Grant dates and number of shares granted were: January 3, 2007: 8,000 shares; January 3, 2006: 8,000 shares; January 3, 2005: 8,000 shares; and April 28, 2004: 8,000 shares.
- [F2]Eight-year options with exercisability phasing in. Beginning one year after date of grant, one-sixth becomes exercisable. An additional one-sixth becomes exercisable over the succeeding five years. Option granted 05/17/2002 is fully exercisable.
- [F3]Previously reported.