CNS INC /DE/ 4
4 · CNS INC /DE/ · Filed Jun 17, 2004
Insider Transaction Report
Form 4
CNS INC /DE/CNXS
DELANEY PATRICK
Director
Transactions
- Exercise/Conversion
Stock Option
2004-06-15−40,000→ 0 totalExercise: $3.10Exp: 2004-06-17→ Common Stock (40,000 underlying) - Exercise/Conversion
Common Stock
2004-06-15$3.10/sh+40,000$123,800→ 45,000 total
Holdings
- 5,033(indirect: By IRA)
Common Stock
Footnotes (2)
- [F1]In addition to reporting the 40,000 shares acquired by the reporting person upon exercise of an option on June 15, 2004, this Form 4 also corrects a clerical error in the previously reported holdings of the the reporting person. Prior to this transaction, the reporting person held 5,000 shares directly and 5,033 shares indirectly through his IRA.
- [F2]Options vest in 4 equal installments beginning 6/17/94.