ARTIME MANUEL E 4
4 · LODGIAN INC · Filed Oct 14, 2003
Insider Transaction Report
Form 4
LODGIAN INCLGN
ARTIME MANUEL E
Chief Accounting Officer
Transactions
- Award
stock option
2003-10-13$5.22/sh+7,166$37,407→ 30,000 totalExercise: $5.22From: 2005-10-13Exp: 2013-10-12→ common stock (7,166 underlying) - Award
stock option
2003-10-13$5.22/sh+7,167$37,412→ 15,667 totalExercise: $5.22From: 2003-10-13Exp: 2013-10-12→ common stock (7,167 underlying)
Footnotes (2)
- [F1]On October 13, 2003, reporting person received options to purchase 21,500 shares of common stock at an exercise price of $5.22. The options expire on October 12, 2013. One-third of these options (7,167) vest immediately, 7,167 options vest on October 13, 2004 and 7,166 options vest on October 13, 2005.
- [F2]This represents the average of the high and low prices of the stock on October 13, 2003.