LEIGHTON JOHN P 4
4 · CROWN FINANCIAL GROUP INC · Filed Nov 17, 2003
Insider Transaction Report
Form 4
LEIGHTON JOHN P
DirectorChairman, CEO & President10% Owner
Transactions
- Purchase
Common Stock
2003-11-17$2.33/sh+53,648$125,000→ 1,253,062 total
Holdings
- 2,047,651
Employee Stock Options (Right to Buy)
Exercise: $2.64Exp: 2013-10-27→ Common Stock (2,047,651 underlying)
Footnotes (2)
- [F1]Shares were purchased directly from the issuer at a price equal to the greater of the closing bid price on the date of the transaction or the average of the closing bid prices on the five business days preceding the transaction date. The shares were issued without registration and subject to restrictions under the Securities Act of 1933.
- [F2]As previously disclosed, option to purchase 1,950,000 shares vest pursuant to the following schedule: 975,000 on 1/14/04; 975,000 on 1/14/05. Option to purchse 97,651 shares vest pursuant to the following schedule: 32,554 on 10/27/04; 32,544 on 10/27/05; and 32,543 on 10/27/06.