RESEARCH FRONTIERS INC 4
4 · RESEARCH FRONTIERS INC · Filed Jun 13, 2007
Insider Transaction Report
Form 4
BUDIN ROBERT M
Director
Transactions
- Exercise/Conversion
Stock Warrants (right to buy)
2007-06-11−13,000→ 0 totalExercise: $6.00From: 1997-06-10Exp: 2007-06-11→ Common Stock (13,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2007-06-11−7,500→ 199,200 totalExercise: $6.00From: 1997-06-10Exp: 2007-06-11→ Common Stock (7,500 underlying) - Tax Payment
Common Stock
2007-06-11$6.00/sh+9,911$59,466→ 42,788 total
Footnotes (1)
- [F1]Represents the payment of $123,000 to exercise options and warrants to purchase a total of 20,500 shares at an exercise price of $6.00 per share by delivery of cash and reduction of securities issued by 10,589 shares, resulting in net issuance of 9,911 shares.