Home/Filings/4/0001240537-03-000008
4//SEC Filing

MENDELSON MARK 4

Accession 0001240537-03-000008

CIK 0000899164other

Filed

Aug 19, 8:00 PM ET

Accepted

Aug 20, 5:30 PM ET

Size

14.0 KB

Accession

0001240537-03-000008

Insider Transaction Report

Form 4
Period: 2003-06-27
MENDELSON MARK
DirectorChairman/CEO10% Owner
Transactions
  • Sale

    Common Stock

    2003-07-30$0.13/sh2,851,877$379,8701,000,000 total
  • Disposition to Issuer

    Stock Options (right to buy)

    2003-06-271,400,0000 total
    Exercise: $0.60From: 2003-06-27Exp: 2003-07-09Common Stock (1,400,000 underlying)
  • Exercise/Conversion

    Common Stock (exercise of stock options)

    2003-07-08$0.10/sh+300,000$30,0003,851,877 total
  • Award

    Stock Options (right to buy)

    2003-06-27+1,400,0001,400,000 total
    Exercise: $0.10From: 2003-06-27Exp: 2003-07-09Common Stock (1,400,000 underlying)
  • Exercise/Conversion

    Stock Options (exercise)

    2003-07-08300,0001,100,000 total
    Exercise: $0.10From: 2003-07-08Exp: 2003-07-09Common Stock (300,000 underlying)
Footnotes (3)
  • [F1]On July 30, 2003, the Reporting Person resigned as Chairman and Chief Executive Officer of the Issuer.
  • [F2]Expiration dates of options: (a) 300,00 shares expire 7/9/03; (b) 50,000 shares expire 2/5/04; (c) 200,000 shares expire 11/10/04; (d) 250,000 shares expire 11/29/04; (e) 300,000 shares expire 12/29/05; (f) 225,000 shares expire 12/1/06; and (g) 75,000 shares expire 12/31/07.
  • [F3]The options exercise prices are: (a) 300,000 shares at $0.60 per share; (b) 25,000 shares at $2.00 per share; (c) 25,000 shares at $5.00 per share; (d) 200,000 shares at $0.875 per share; (e) 250,000 shares at $0.80 per share; (f) 300,000 shares at $0.55 per share; (g) 225,000 shares at $0.50 per share; and (h) 75,000 shares at $0.25 per share.

Issuer

FIRST CHESAPEAKE FINANCIAL CORP

CIK 0000899164

Entity typeother

Related Parties

1
  • filerCIK 0000864829

Filing Metadata

Form type
4
Filed
Aug 19, 8:00 PM ET
Accepted
Aug 20, 5:30 PM ET
Size
14.0 KB