RUBBER RESEARCH ELASTOMERICS INC 3
3 · RUBBER RESEARCH ELASTOMERICS INC · Filed Jul 30, 2003
Insider Transaction Report
Form 3
KING DUNCAN
10% Owner
Holdings
Option (Right to Buy)
Exercise: $0.15From: 2001-06-30Exp: 2006-07-01→ Common Stock (634,430 underlying)10% Convertible Note (Right to Buy
Exercise: $0.15From: 2001-06-30Exp: 2006-07-01→ Common Stock (1,025,861 underlying)Stock Option (Right to Buy)
Exercise: $0.15From: 1995-10-16Exp: 1988-08-08→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]The option expires five years after the date the shares of the company become publicly tradeable.
- [F2]Pursuant to the terms of the Note, the conversion price may be adjusted to a price less than $0.15.
- [F3]Reporting person has entered an oral agreement to acquire from another shareholder immediately upon conversion of outstanding Note.