ADLER B MICHAEL 4
4 · WQN, Inc. · Filed Jun 23, 2005
Insider Transaction Report
Form 4
WQN, Inc.WQNI
ADLER B MICHAEL
DirectorPresident & CEO
Transactions
- Sale
Common Stock
2005-06-21$1.81/sh−5,800$10,498→ 2,621,478 total(indirect: See footnote) - Sale
Common Stock
2005-06-20$1.82/sh−4,200$7,644→ 2,627,278 total(indirect: See footnote)
Footnotes (1)
- [F1]Eagle Venture Capital LLC, has a 10b5-1 plan for the period of December 2004 through November 2005. This reflects the sale of stock per this agreement. Eagle Venture Capital LLC is the record and beneficial owner of 2,496,478 shares. B. Michael Adler owns a controlling interest in Eagle Venture and is deemed to beneficially own these shares. The share ownership for Mr. Adler also includes vested options to purchase 25,000 shares and 100,000 shares owned by Adler Family Trust.