MCENTIRE H JEAN 4
4 · INTERLOTT TECHNOLOGIES INC · Filed Sep 19, 2003
Insider Transaction Report
Form 4
MCENTIRE H JEAN
Director
Transactions
- Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$3.25/sh−5,000$16,250→ 0 totalExercise: $5.75Exp: 2004-04-12→ Common Stock (5,000 underlying) - Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$3.00/sh−10,500$31,500→ 0 totalExercise: $6.00Exp: 2013-01-14→ Common Stock (10,500 underlying) - Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$4.81/sh−2,000$9,624→ 0 totalExercise: $4.19Exp: 2005-12-28→ Common Stock (2,000 underlying) - Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$5.50/sh−3,000$16,500→ 0 totalExercise: $3.50Exp: 2006-12-30→ Common Stock (3,000 underlying) - Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$5.75/sh−1,250$7,188→ 0 totalExercise: $3.25Exp: 2008-12-30→ Common Stock (1,250 underlying) - Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$3.75/sh−4,500$16,875→ 0 totalExercise: $5.25Exp: 2011-01-03→ Common Stock (4,500 underlying) - Disposition to Issuer
Stock Options (Rights to Buy)
2003-09-18$3.60/sh−9,000$32,400→ 0 totalExercise: $5.40Exp: 2012-03-05→ Common Stock (9,000 underlying)
Footnotes (1)
- [F1]All options have 10-year terms and became or become exercisable at the rate of 25% per year beginning one year from the date of grant, except that the options that expire on 4/12/04 (which were granted on 4/13/94) became exercisable at the rate of 25% per year beginning one year after the effective date of the Registration Statement from the Issuer's initial public offering. Under the terms of the Issuer's plans, all unexercisable options vested in full in connection with the merger. Under the terms of the merger agreement, all options were cancelled at the effective time of the merger in exchange for cash payments in an amount per share subject to those options equal to the excess of $9.00 over the exercise price.