WORLD AIRWAYS INC /DE/·4

May 28, 4:48 PM ET

DUARTE GILBERTO M JR 4

4 · WORLD AIRWAYS INC /DE/ · Filed May 28, 2004

Insider Transaction Report

Form 4
Period: 2004-05-26
DUARTE GILBERTO M JR
Chief Financial Officer
Transactions
  • Sale

    Common Stock

    2004-05-26$3.01/sh1,652$4,97344,500 total
  • Sale

    Common Stock

    2004-05-26$3.00/sh700$2,10043,800 total
Holdings
  • Employee Stock Option Right to Buy

    Exercise: $1.00Exp: 2007-04-01Common Stock (50,000 underlying)
    50,000
  • Employee Stock Ooption Right to Buy

    Exercise: $1.62Exp: 2007-01-21Common Stock (15,000 underlying)
    15,000
  • Employee Stock Option Right to Buy

    Exercise: $0.69Exp: 2008-10-29Common Stock (100,000 underlying)
    100,000
  • Employee Stock Options Right to Buy

    Exercise: $2.13Exp: 2006-07-31Common Stock (35,000 underlying)
    35,000
Footnotes (5)
  • [F1]For informational purposes only; Mr. Duarte holds 35,000 options granted on August 1, 1998 that have all vested as of this date.
  • [F2]For informational purposes only; Mr. Duarte holds 15,000 options granted on January 22, 1999 that have all vested as of this date.
  • [F3]For informational purposes only; Mr. Duarte holds 50,000 options granted on April 2, 1999 that have all vested as of this date.
  • [F4]For informational purposes only; Mr. Duarte holds 100,000 options granted on October 30, 2000 that have all vested as of this date.
  • [F5]For informational purposes, Mr. Duarte holds 50,000 options that were granted on February 13,2003 that vest as follows: 5,000 vested immediately; 15,000 vested on February 13, 2004; 15,000 vests on February 13, 2005 and 15,000 vests on February 13, 2006.

Documents

2 files
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION

  • EX-24.4_44101

    POA DOCUMENT