WALLACE JOHN R 4
4 · ENOVA SYSTEMS INC · Filed Aug 24, 2004
Insider Transaction Report
Form 4
WALLACE JOHN R
Director
Transactions
- Award
Common stock
2004-08-20$0.11/sh+36,364$4,000→ 195,887 total
Footnotes (1)
- [F1]Each non-employee director receives, for attendance at an in-person Board meeting, a number equal to $2,000 divided by the current market price of the issuer's common stock as of the date of the meeting and, for attendance at committee meetings, a number equal to $500 divided by the current market price of the issuer's common stock as of the date of the meeting As of May 3, 2004, this compensation was increase by the board to $4,000 and $1,000 respectively.