ANDREWS A SCOTT 4
4 · WORLD AIRWAYS INC /DE/ · Filed Jun 18, 2004
Insider Transaction Report
Form 4
ANDREWS A SCOTT
Director
Transactions
- Sale
Common Stock
2004-06-16$2.91/sh−10,000$29,100→ 65,000 total
Holdings
- 5,000
Employee Stock Option Right to Buy
Exercise: $5.26Exp: 2006-05-30→ Common Stock (5,000 underlying) - 10,000
Employee Stock Option Right to Buy
Exercise: $0.84Exp: 2011-02-13→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]Prior to this transaction, Mr. Andrews held 75,00 shares of Common stock. Mr. Andrews disclaimed ownership of 16,235 shares of Common Stock held by his wife,which was sold on August 13,2003.
- [F2]For informational purposes only; Mr. Andrews holds 5,000 options that were granted on 5/31/1998 that have all vested as of this date.
- [F3]For informational purposes only; Mr. Andrews holds 10,000 options that were granted on 2/13/2003 that vest as follows; 4,432 are vested; 277 vest on the first day of each month until all options have vested.
- [F4]For informational purposes only; Mr. Andrews holds 10,000 options that were granted on 5/06/2004. All options became immediately exerciseable as of the grant.