WELLS GARDNER ELECTRONICS CORP 4
4 · WELLS GARDNER ELECTRONICS CORP · Filed Mar 29, 2005
Insider Transaction Report
Form 4
MARTIN FRANK R
Director
Transactions
- Award
Common Stock, $1.00 par value
2005-03-21$6.11/sh+1,315$8,035→ 63,162 total
Footnotes (2)
- [F1]On March 21, 2005, WGA granted to Mr. Martin an aggregate of 1,315 common shares in lieu of an all cash fee for partication in six recent board or committee meetings. These shares were granted based on the closing prices for the shares on the dates of the meetings and had an average price of $6.11 per share.
- [F2]Mr. Martin last reported ownership of WGA common shares as follows: 48,190 shares owned and options to purchase 10,684 shares. As a result of the 5% stock dividend (record date March 18, 2005) paid by WGA on March 25, 2005, Mr. Martin owned 50,599 shares and had options to purchase 11,218 shares. To that total 1,315 shares issued to Mr. Martin as reported herein was added to arrive at the post-transaction total reported herein.