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LANCER ORTHODONTICS INC /CA/·4

Apr 12, 3:16 PM ET

IRANI ZACKARY 4

4 · LANCER ORTHODONTICS INC /CA/ · Filed Apr 12, 2004

Insider Transaction Report

Form 4

Period: 2004-04-12

LANCER ORTHODONTICS INC /CA/LANZ

Directorchairman of the board

Transactions

Award
Non qualified stock option
2002-04-01$0.30/sh+113,000$33,900→ 113,000 total
Exercise: $0.30Exp: 2007-04-01→ common stock (113,000 underlying)
Award
Non qualified stock option
2003-06-02$0.43/sh+75,000$32,250→ 75,000 total
Exercise: $0.43Exp: 2008-06-02→ common stock (75,000 underlying)
Purchase
Restricted common stock
2004-04-12$0.60/sh+83,333$50,000→ 174,563 total
Purchase
Warrant
2004-04-12$0.85/sh+83,333$70,833→ 83,333 total
Exercise: $0.85From: 2004-04-12Exp: 2009-04-12→ restricted common stock (83,333 underlying)

Footnotes (1)

[F1]Exercisable one third immediately, then one third per year thereafter.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT