VERSO TECHNOLOGIES INC 4
4 · VERSO TECHNOLOGIES INC · Filed Mar 17, 2006
Insider Transaction Report
Form 4
Bannerman Montgomery L
Senior Vice President
Transactions
- Award
Employee Stock Option (Right to Buy)
2006-03-15+50,000→ 50,000 totalExercise: $6.25Exp: 2016-03-15→ common stock (50,000 underlying)
Footnotes (2)
- [F1]The option first becomes exercisable with respect to 12,500 shares of common stock on each of August 1, 2006, August 1, 2007, August 1, 2008 and August 1, 2009.
- [F2]The option was issued pursuant to the Issuer's 1999 Stock Incentive Plan, as amended, and in accordance with the Executive Employment Agreement between the Issuer and the Reporting Person.