TRANS INDUSTRIES INC 4
4 · TRANS INDUSTRIES INC · Filed May 18, 2005
Insider Transaction Report
Form 4
Solon Richard A
DirectorChief Operating Officer
Transactions
- Award
Stock Appreciation Right
2004-02-23+30,000→ 30,000 totalExercise: $2.51From: 2005-02-23Exp: 2014-02-23→ Common Stock (30,000 underlying) - Award
Employee Stock Option (Right to Buy)
2004-02-23+50,000→ 50,000 totalExercise: $2.51From: 2005-02-23Exp: 2014-02-23→ Common Stock (50,000 underlying) - Award
Employee Stock Option (Right to Buy)
2004-08-17+50,000→ 100,000 totalExercise: $1.76From: 2005-08-17Exp: 2014-08-17→ Common Stock (50,000 underlying) - Award
Stock Appreciation Right
2004-08-17+30,000→ 80,000 totalExercise: $1.76From: 2005-08-17Exp: 2014-08-17→ Common Stock (30,000 underlying)
Footnotes (1)
- [F1]Mr. Solon was granted 50,000 options and 30,000 SARs in tandem on each of February 23, 2004 and August 17, 2004. The exercise price of the options was set at the Common Stock's closing price on the grant date. Exercise of an option or SAR would result in the automatic termination of the corresponding option or SAR. Twenty percent of the options become exercisable on each anniversary of the granting thereof.