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5//SEC Filing

IBRAHIM BASSAM H 5

Accession 0001245384-04-000007

CIK 0001038541other

Filed

Aug 5, 8:00 PM ET

Accepted

Aug 6, 8:32 AM ET

Size

14.8 KB

Accession

0001245384-04-000007

Insider Transaction Report

Form 5
Period: 2004-06-30
Transactions
  • Award

    Stock Option

    2000-08-04$0.22/sh+20,000$4,38030,000 total
    Exercise: $0.22From: 2000-08-04Exp: 2005-08-04Common Stock (20,000 underlying)
  • Other

    Common Stock

    2003-06-30+057,026 total
  • Award

    Stock Option

    2000-08-04+2,50032,500 total
    From: 2000-08-04Exp: 2005-08-04Common Stock (2,500 underlying)
  • Award

    Stock Option

    1997-02-19$10.00/sh+10,000$100,00010,000 total
    Exercise: $10.00Exp: 2007-02-19Common Stock (10,000 underlying)
  • Other

    Warrant

    2003-11-11$0.44/sh+36,380$16,00768,680 total
    Exercise: $0.44Exp: 2008-06-30Common Stock (36,380 underlying)
Footnotes (6)
  • [F1]No transactions ocurred the fiscal year of June 30, 2003 to June 30, 2004. Reporting only the Amount of Securities owned at the end of the fiscal year.
  • [F2]Issued pursuant to afreement between Board LLC and PACI dated June 16, 2003 whereby PACI agreed to issue to Board LLC warrants exercisable at 0.44 cents per share. Board LLC assigned a pro rata share of the warrants to each of the Board LLC members.
  • [F3]Exercisable in parts, but not for less than 10,000 units at a time. A "Unit" shall consist initially of one share of common stock, but shall be subject to adjustment from time to time.
  • [F4]On or after July 31, 2000 25% vested On or after October 31, 2000 50% vested On or after January 31, 2001 75% vested On or after April 12, 2001 100% vested Option price shall be 100% of the fair market value of such share of common stock on the date of the grant.
  • [F5]Issued in consideration for partial contribution in obtaining loan commitment from Precision Funding L.L.C.
  • [F6]5,000 exercisable 2/19/1997 and 5,000 exercisable 11/6/1997

Issuer

PRECISION AUTO CARE INC

CIK 0001038541

Entity typeother

Related Parties

1
  • filerCIK 0001245383

Filing Metadata

Form type
5
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 8:32 AM ET
Size
14.8 KB