ARKONA INC 4
4 · ARKONA INC · Filed Jun 6, 2007
Insider Transaction Report
Form 4
ARKONA INCARKN
JENKINS DAVID D
Vice President of Marketing
Transactions
- Disposition to Issuer
Stock Option
2007-06-05$1.38/sh+100,000$138,000→ 0 totalExercise: $0.60Exp: 2014-07-01→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option
2007-06-05$1.38/sh+175,000$241,500→ 0 totalExercise: $0.30Exp: 2011-12-27→ Common Stock (175,000 underlying) - Disposition to Issuer
Stock Option
2007-06-05$1.38/sh+85,000$117,300→ 0 totalExercise: $0.20Exp: 2013-06-15→ Common Stock (85,000 underlying) - Disposition to Issuer
Stock Option
2007-06-05$1.38/sh+37,500$51,750→ 0 totalExercise: $0.30Exp: 2011-12-27→ Common Stock (37,500 underlying)
Footnotes (1)
- [F1]This option was canceled as a result of the purchase by DA Acquisition Corp. of a majority of the outstanding shares of voting stock of Arkona, Inc. pursuant to the tender offer by DA Acquisition Corp. in exchange for a cash payment equal to the difference between the exercise price of the option and $1.38 per share.