Home/Filings/4/0001240537-03-000005
4//SEC Filing

GLATZ MARK E 4

Accession 0001240537-03-000005

CIK 0000899164other

Filed

Aug 12, 8:00 PM ET

Accepted

Aug 13, 6:21 PM ET

Size

16.0 KB

Accession

0001240537-03-000005

Insider Transaction Report

Form 4
Period: 2003-06-27
GLATZ MARK E
DirectorDirector/CFO10% Owner
Transactions
  • Exercise/Conversion

    Stock Options (exercise)

    2003-07-08+471,429128,571 total
    Exercise: $0.10From: 2003-07-08Exp: 2003-07-09Common Stock (471,429 underlying)
  • Disposition to Issuer

    Stock Options (right to buy)

    2003-06-27+600,0000 total
    Exercise: $0.80From: 2003-06-27Exp: 2004-11-10Common Stock (600,000 underlying)
  • Sale

    Common Stock

    2003-07-30$0.44/sh822,832$359,989546,429 total
  • Disposition to Issuer

    Stock Options (right to buy)

    2003-07-30270,000128,571 total
    Exercise: $0.00From: 1988-08-08Exp: 1988-08-08Common Stock (270,000 underlying)
  • Award

    Stock Options (right to buy)

    2003-06-27+600,000600,000 total
    Exercise: $0.10From: 2003-06-27Exp: 2004-11-10Common Stock (600,000 underlying)
  • Exercise/Conversion

    Common Stock (exercise of stock options)

    2003-07-08$0.10/sh+471,429$47,1431,369,261 total
Footnotes (4)
  • [F1]On July 30, 2003, the Reporting Person resigned as Director and Chief Financial Officer of Issuer.
  • [F2]Expiration dates of options: (a) 50,000 shares expire 11/10/04; (b) 250,000 shares expire 12/29/05;(c) 225,000 shares expire 12/1/06; and (d) 75,000 shares expire 12/31/07.
  • [F3]The options exercise prices are: (a) 50,000 shares at $0.80 per share; (b) 250,000 shares at $0.55 per share; (c) 225,000 shares at $0.50 per share; and (d) 75,000 shares at $0.25 per share.
  • [F4]On July 30,2003, the Reporting Person cancelled 270,000 stock options for $0 consideration.

Issuer

FIRST CHESAPEAKE FINANCIAL CORP

CIK 0000899164

Entity typeother

Related Parties

1
  • filerCIK 0001113710

Filing Metadata

Form type
4
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 6:21 PM ET
Size
16.0 KB