Vilgrain Stanislas 4
4 · CUISINE SOLUTIONS INC · Filed Oct 17, 2005
Insider Transaction Report
Form 4
Vilgrain Stanislas
DirectorPresident and CEO10% Owner
Transactions
- Exercise/Conversion
common stock
2005-09-27$3.13/sh+8,000$25,000→ 340,000 total - Sale
common stock
2005-09-27$8.77/sh−3,000$26,315→ 337,000 total
Holdings
- 250,000
Employee Stock Option (right to buy)
Exercise: $0.66From: 1998-10-28Exp: 2008-10-28→ Common Stock (50,000 underlying) - 9,520,588(indirect: See footnote)
common stock
- 200,000
Employee Stock Option (right to buy)
Exercise: $1.38From: 1996-11-01Exp: 2006-11-01→ common stock (200,000 underlying) - 40,000
Employee Stock Option (right to buy)
Exercise: $0.85From: 2001-10-17Exp: 2011-10-17→ Common Stock (75,000 underlying) - 325,000
Employee Stock Option (right to buy)
Exercise: $1.13From: 1999-08-06Exp: 2009-08-06→ Common Stock (75,000 underlying) - 437,500
Employee Stock Option (right to buy)
Exercise: $0.25From: 2002-10-22Exp: 2012-10-22→ Common Stock (37,500 underlying)
Footnotes (2)
- [F1]Mr. Vilgrain may be deemed to be the beneficial owner of 9,520,588 shares of Common Stock held by Food Research Corporation, a Delaware corporation ("FRC"). FRC is a controlled subsidiary of Secria Europe, S.A., in which Mr. Vilgrain holds a twenty percent (20%) interest. Mr. Vilgrain disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.
- [F2]Of the shares subject to this option, 28,125 are currently vested and the remaining 9,375 shares vest on October 22, 2005.