DESTEFANIS PAUL D 4
4 · SUMMIT FINANCIAL SERVICES GROUP INC · Filed Jun 24, 2005
Insider Transaction Report
Form 4
DESTEFANIS PAUL D
Director
Transactions
- Award
Stock Option (right to buy)
2005-06-22+20,000→ 20,000 totalExercise: $0.33From: 2005-06-22Exp: 2015-06-21→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Contingent upon Mr. DeStefanis? reelection to the board of directors of the company at the 2005 annual meeting of stockholders on June 22, 2005, the option was granted on April 1, 2005. Mr. DeStefanis was reelected, the contingency has been satisfied and the board of directors ratified the option grant on June 22, 2005.
- [F2]Stock option granted as compensation for services as a member of the board of directors.