ARTIME MANUEL E 4
4 · LODGIAN INC · Filed Sep 12, 2003
Insider Transaction Report
Form 4
LODGIAN INCLGN
ARTIME MANUEL E
Chief Accounting Officer
Transactions
- Award
Stock option
2003-09-05$5.07/sh+2,834$14,368→ 2,834 totalExercise: $5.07From: 2003-09-05Exp: 2013-09-04→ common stock (2,834 underlying) - Award
stock option
2003-09-05$5.07/sh+2,833$14,363→ 5,667 totalExercise: $5.07From: 2004-09-05Exp: 2013-09-04→ common stock (2,833 underlying)
Footnotes (2)
- [F1]On September 5, 2003, reporting person received options to purchase 8,500 shares of common stock at an exercise price of $5.07. The options expire on September 4, 2013. One-third of these options (2834) vest immediately, 2,833 options vest on September 5, 2004 and 2,833 options vest on September 5, 2005.
- [F2]This represents the average of the high and low prices of the stock on September 5, 2003.