VG TECH INC 4
4 · VG TECH INC · Filed Dec 6, 2004
Insider Transaction Report
Form 4
VG TECH INCVGTE
HAMM HUBERT
DirectorCEO, CFO, Pres., Sec. & Treas.10% Owner
Transactions
- Award
Stock Options
2004-10-15+2,050,000→ 2,050,000 totalExercise: $1.70From: 2004-10-15Exp: 2009-10-15→ Common Stock, par value $0.001 per share (2,050,000 underlying)
Holdings
- 46,000,000(indirect: As a director of Water-Capital-Holding Ltd., the direct beneficial owner of the securities.)
Shares of Common Stock, par value $0.001 per share
- 34,000,000(indirect: As a director of Water-Capital-Holding Ltd., the direct beneficial owner of the securities.)
Special Warrants
→ Common Stock, par value $0.001 per share (34,000,000 underlying)
Footnotes (1)
- [F1]The special warrants entitle the holder to acquire one share of V G Tech, Inc. common stock without the payment of any additional consideration. The special warrants may not be exercised until the Company has authorized capital of at least 200,000,000 shares of common stock (the "Triggering Event"). Ten business days after the Triggering Event, the special warrants will automatically be deemed to be exercised.