BATES KEVIN 5
5 · PRECISION AUTO CARE INC · Filed Aug 6, 2004
Insider Transaction Report
Form 5
BATES KEVIN
Sr. V.P. Marketing & Advertisi
Transactions
- Purchase
Common Stock
2003-06-30+0→ 21,989 total - Award
Stock Option
2002-09-27$0.44/sh+25,000$11,000→ 90,000 totalExercise: $0.44Exp: 2012-09-27→ Common Stock (25,000 underlying) - Award
Stock Option
2001-05-31$0.44/sh+65,000$28,600→ 90,000 totalExercise: $0.44Exp: 2011-05-31→ Common Stock (65,000 underlying)
Footnotes (3)
- [F1]No transaction 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]Pursuant to 1999 Stock Option & Restricted Stock Plan On or after April 23, 2004 33 1/3% vested On or after April 23, 2005 66 2/3% vested On or after April 23, 2006 100% vested
- [F3]May 31, 2001 PACi Board of Directors re-purchased outstanding options of current employees at $.02 per share and re-issued a new option agreement for the same number of shares as held previously. On or after May 31, 2001 100% vested (15,000 shares) On or after May 31, 2002 33 1/3% vested immediately (3,333 shares) On or after May 31, 2003 66 2/3% vested (3,333 shares) On or after May 31, 2004 100% vested (3,334 shares)