RUBBER RESEARCH ELASTOMERICS INC 4
4 · RUBBER RESEARCH ELASTOMERICS INC · Filed Jul 30, 2003
Insider Transaction Report
Form 4
KING DUNCAN
10% Owner
Transactions
- Exercise/Conversion
10% Convertible Note (Right to Buy)
2003-04-03+3,000,000→ 2,129,308 totalExercise: $0.03From: 2001-06-30Exp: 2001-07-01→ Common Stock (5,129,308 underlying) - Exercise/Conversion
Common Stock
2003-04-03$0.03/sh+3,000,000$90,000→ 3,000,000 total - Award
Option (Right to Buy)
2003-07-01+2,368,454→ 2,368,454 totalExercise: $0.03From: 2001-06-30Exp: 2001-07-01→ Common Stock (2,368,454 underlying)
Footnotes (4)
- [F1]Reporting person delivered notice to company of conversion of shares.
- [F2]Adjusted pursuant to terms of the Note.
- [F3]Reporting person also holds an option from the Company to purchase 1,000,000 shares.
- [F4]Reporting person has the option to purchase from other shareholders up to an aggregate of 5,540,605 shares.