AMBASE CORP 4
4 · AMBASE CORP · Filed Mar 18, 2009
Insider Transaction Report
Form 4
AMBASE CORPABCP
BIANCO RICHARD A
DirectorChairman, President and CEO
Transactions
- Sale
Common Stock
2009-03-16$0.07/sh−16,000,000$1,200,000→ 375,547 total
Holdings
- 136,000
Stock Option (right to buy)
Exercise: $1.09From: 2002-01-02Exp: 2012-01-02→ Common Stock (136,000 underlying) - 200,000
Stock Option (right to buy)
Exercise: $0.64From: 2004-01-06Exp: 2014-01-16→ Common Stock (200,000 underlying) - 200,000
Stock Option (right to buy)
Exercise: $0.81From: 2005-01-03Exp: 2015-01-03→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]The amount of these securities excludes an aggregate amount of 536,000 shares of the issuer's common stock that may be acquired by the reporting person upon his exercise of certain options (the "Option Shares") as listed in Table II above. These Option Shares were mistakenly included in the amount of the issuer's common stock beneficially owned by the reporting person as reported in Column 5 of Table I of the Form 4 previously filed with the SEC on December 10, 2008.