MCTAVISH KEVIN C 4
4 · LODGIAN INC · Filed Sep 12, 2003
Insider Transaction Report
Form 4
LODGIAN INCLGN
MCTAVISH KEVIN C
Director
Transactions
- Award
stock option
2003-09-05$5.07/sh+1,667$8,452→ 1,667 totalExercise: $5.07From: 2003-09-05Exp: 2013-09-04→ common stock (1,667 underlying) - Award
stock option
2003-09-05$5.07/sh+1,666$8,447→ 5,000 totalExercise: $5.07From: 2005-09-05Exp: 2013-09-04→ common stock (1,666 underlying)
Footnotes (2)
- [F1]On September 5, 2003, reporting person received options to purchase 5,000 shares of common stock at an exercise price of $5.07. The options expire on September 4, 2013. One-third of these options (1667) vest immediately, 1667 options vest on September 5, 2004 and 1666 options vest on September 5, 2005.
- [F2]This represents the average of the high and low prices of the stock on September 5, 2003.