DANIELSON HOLDING CORP 4
4 · DANIELSON HOLDING CORP · Filed Jun 28, 2005
Insider Transaction Report
Form 4
Abolt Craig D
Senior V.P. and CFO
Transactions
- Exercise of In-Money
Common Stock, $.10 par value
2005-06-24$6.00/sh+1,214$7,284→ 53,740 total - Exercise of In-Money
Warrant to purchase common stock (right to buy)
2005-06-24−1,214→ 0 totalExercise: $6.00From: 2005-06-24Exp: 2005-06-24→ Common Stock (1,214 underlying)
Footnotes (1)
- [F1]Pursuant to a rights offering, 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 gave 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 could also elect to purchase additional shares at the exercise price if other warrant holders did not fully exercise their warrants (the "oversubscription privilege"). The shares shown on this Form 4 are the additional shares purchased by the reporting person pursuant to the oversubscription privilege, the amount of which was not determinable prior to the closing of the rights offering.