GREAT WESTERN LAND RECREATION INC·4

Aug 19, 5:52 PM ET

TOROK JAY N 4

4 · GREAT WESTERN LAND RECREATION INC · Filed Aug 19, 2004

Insider Transaction Report

Form 4
Period: 2004-08-18
TOROK JAY N
DirectorChairman
Transactions
  • Exercise of In-Money

    Common stock

    2004-08-19$0.15/sh+73,000$10,950272,666 total(indirect: See footnote 2)
  • Exercise of In-Money

    Stock options

    2004-08-19$0.15/sh73,000$10,9501,008,250 total
    Exercise: $0.15From: 2002-02-18Exp: 2012-02-18Common stock (73,000 underlying)
  • Purchase

    Common stock

    2004-08-18$0.45/sh+1,000$450199,666 total(indirect: See footnote 1)
Footnotes (2)
  • [F1]Includes 167,069 shares of common stock directly owned by Mr. Torok, 10,165 shares owned by Lone Pine Industries, Inc., a company controlled by Mr. Torok, 22,432 shares owned by Western Reserve Environmental Services, a company in which Mr. Torok has an interest, primarily in a joint trust with Anne V. Hodgkins, Mr. Torok's wife.
  • [F2]Includes 240,069 shares of common stock directly owned by Mr. Torok, 10,165 shares owned by Lone Pine Industries, Inc., a company controlled by Mr. Torok, 22,432 shares owned by Western Reserve Environmental Services, a company in which Mr. Torok has an interest, primarily in a joint trust with Anne V. Hodgkins, Mr. Torok's wife.

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