GITNER GERALD L 4
4 · KITTY HAWK INC · Filed May 16, 2005
Insider Transaction Report
Form 4
GITNER GERALD L
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2005-05-13−67,500→ 31,250 totalExercise: $0.30Exp: 2013-07-29→ Common Stock (67,500 underlying) - Exercise/Conversion
Common Stock
2005-05-13$0.30/sh+67,500$20,250→ 172,500 total
Footnotes (2)
- [F1]Of the remaining 31,250 shares of Common Stock issuable upon exercise of the stock option, 31,250 vest in 5 equal monthly installments, beginning June 1, 2005.
- [F2]Not applicable.