4//SEC Filing
CHARRY JONATHAN M 4
Accession 0001263775-03-000001
CIK 0000722051other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 3:28 PM ET
Size
5.8 KB
Accession
0001263775-03-000001
Insider Transaction Report
Form 4
NCT GROUP INCNCTI
CHARRY JONATHAN M
Sr VP, Corp Development
Transactions
- Purchase
Option to Acquire Common Stock
2003-09-10$0.05/sh+800,000$43,200→ 3,753,049 totalExercise: $0.05From: 2003-09-10Exp: 2010-09-10→ Common Stock (800,000 underlying)
Footnotes (1)
- [F1]Options vest upon the earlier occurrence of a third party acquisition of 10% or more of issuer or issuer's subsidiary, Artera Group, Inc., or as follows: 40% date of grant and 30% on first and second anniversaries. Reservation of shares by issuer for exercise of these options is effective only upon shareholder approval of a sufficient increase in (a) the issuer's authorized shares of common stock and (b) the authorized number of shares under the issuer's 2001 Stock and Incentive Plan.
Documents
Issuer
NCT GROUP INC
CIK 0000722051
Entity typeother
Related Parties
1- filerCIK 0001263775
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 3:28 PM ET
- Size
- 5.8 KB