Rich Mike D 4
4 · PROSPECT STREET INCOME SHARES INC · Filed Dec 27, 2006
Insider Transaction Report
Form 4
Rich Mike D
Other
Transactions
- Tax Payment
Common Stock
2006-12-22$6.10/sh−4,484.74$27,357→ 13,645.05 total - Award
Common Stock
2006-12-22+3,844.07→ 18,129.79 total - Exercise/Conversion
Stock Option (Right to Buy)
2006-12-22−1→ 0 totalExercise: $1.75From: 2002-02-28Exp: 2022-02-28→ Common Stock (14,285.72 underlying) - Exercise/Conversion
Common Stock
2006-12-22$3.05/sh+14,285.72$43,571→ 14,285.72 total
Footnotes (3)
- [F1]This Purchase price reflects an upward adjustment to the exercise price of the option reported on Table II. Per share exercise price of each option shall be the greater of (a) the price specified in Column 2 and (b) fifty percent (50%) of the fair market value of the underlying shares of Prospect Street Income Shares, Inc. ("CNN") on the date of exercise.
- [F2]Per share exercise price of each option shall be the greater of (a) the price specified in Column 2 and (b) fifty percent (50%) of the fair market value of the underlying shares of CNN on the date of exercise.
- [F3]Options to purchase shares of common stock, par value $1.00 per share, of CNN granted pursuant to the HCM Services Employee Option Plan.