HARRISON GREGORY A 4
4 · DIAMONDHEAD CASINO CORP · Filed Oct 27, 2010
Insider Transaction Report
Form 4
HARRISON GREGORY A
DirectorVICE PRESIDENT
Transactions
- Other
OPTION TO BUY COMMON STOCK
2010-10-25$1.25/sh−150,000$187,500→ 0 totalExercise: $1.25From: 2006-04-13Exp: 2010-10-25→ COMMON STOCK (150,000 underlying) - Other
COMMON STOCK
2010-10-25+17,797→ 1,157,824 total - Other
OPTION TO BUY COMMON STOCK
2010-10-25$1.25/sh+150,000$187,500→ 150,000 totalExercise: $1.25From: 2010-10-25Exp: 2015-10-27→ COMMON STOCK (150,000 underlying) - Other
COMMON STOCK
2010-10-25−17,797→ 0 total(indirect: ESOP PARTICIPANT ACCOUNT)
Holdings
- 50,000
OPTION TO BUY COMMON STOCK
Exercise: $1.00From: 2010-03-31Exp: 2015-03-31→ COMMON STOCK (50,000 underlying) - 50,000
CONVERTIBLE PROMISSORY NOTE
Exercise: $0.50From: 2010-03-31Exp: 2012-03-31→ COMMON STOCK (50,000 underlying) - 70,000(indirect: By Trust)
COMMON STOCK
- 100,000
OPTION TO BUY COMMON STOCK
Exercise: $2.70From: 2006-04-13Exp: 2011-04-13→ COMMON STOCK (100,000 underlying)
Footnotes (2)
- [F1]Represents the distribution of shares held in the Employee Stock Ownership Plan to the Plan participant upon attaining normal retirement age.
- [F2]On October 25, 2010, the Board of Directors voted to extend the expiration date of all oustanding options originally issued to Directors of the Company on October 27, 2005 for an additional five years from their original expiry date.