BABB ROGER A 4
4 · FIRSTWAVE TECHNOLOGIES INC · Filed Mar 20, 2006
Insider Transaction Report
Form 4
BABB ROGER A
Director
Transactions
- Other
Non-Qualified Stock option (right to buy)
2006-03-16$1.98/sh−25,000$49,575→ 11,668 totalExercise: $1.47From: 2005-10-13Exp: 2015-10-13→ Common Stock, no par value (25,000 underlying) - Other
Common Stock, no par value
2006-03-16$1.98/sh+26,667$52,881→ 43,174 total - Other
Non-Qualified Stock option (right to buy)
2006-03-16$1.98/sh−1,667$3,306→ 10,001 totalExercise: $1.32From: 2001-05-08Exp: 2011-05-08→ Common stock, no par value (1,667 underlying)
Footnotes (2)
- [F1]Mr. Babb acquired the common stock from the exercise of his stock options into his qualified retirement account.
- [F2]Mr. Babb exercised his stock options to be purchased by his qualified retirement account.