Sullivan Joseph P 4
4 · DANIELSON HOLDING CORP · Filed Jun 16, 2005
Insider Transaction Report
Form 4
Sullivan Joseph P
Director
Transactions
- Exercise of In-Money
Warrant to purchase common stock (right to buy)
2005-06-16−11,000→ 13,832 totalExercise: $6.00From: 2005-05-31Exp: 2005-06-21→ Common Stock (9,900 underlying) - Exercise of In-Money
Common Stock, $.10 par value
2005-06-16$6.00/sh+9,900$59,400→ 34,732 total
Footnotes (1)
- [F1]The Issuer issued at no charge one non-transferable warrant with respect to each share of its Common Stock outstanding as of the close of business on May 27, 2005. Each warrant gives the holder the right to purchase 0.90 shares of the Issuer's Common Stock at a price of $6.00 per share. Each warrant holder can also elect to purchase additional shares at the exercise price if other warrant holders do not fully exercise their warrants.