ARCADIA RESOURCES, INC 4
4 · ARCADIA RESOURCES, INC · Filed Jul 27, 2005
Insider Transaction Report
Form 4
THORNTON JOHN T
Director
Transactions
- Other
Common Stock
2005-07-26+954→ 9,252 total - Award
Stock Option Right to Buy
2005-07-26+24,303→ 24,303 totalExercise: $2.20From: 2005-07-26Exp: 2012-06-30→ Common Stock (24,303 underlying)
Footnotes (2)
- [F1]Shares issued to Mr. Thornton pursuant to compensation agreement which entitles Mr. Thornton to payment of $1,000 in Company common stock for each Board of Directors meeting attended and $500 in Company common stock for each Audit Committee meeting attended.
- [F2]Options issued to Mr. Thornton pursuant to compensation agreement providing that he will be awarded non-qualified options to purchase the Company's common stock having an aggregate value of $28,000 annually, the number of options determined per mutually acceptable modeling techniques.