4//SEC Filing
Laskowski Gary M 4
Accession 0001292618-09-000001
CIK 0001240722other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 3:04 PM ET
Size
13.6 KB
Accession
0001292618-09-000001
Insider Transaction Report
Form 4
Laskowski Gary M
DirectorChairman of the Board
Transactions
- Award
Common Stock
2009-02-03+12,000,000→ 13,539,676 total
Holdings
- 167,826(indirect: See footnote 2)
Common Stock
- 498,217(indirect: See footnote 3)
Common Stock
- 100,000(indirect: See footnote 4)
Common Stock
- 184,024(indirect: See footnote 5)
Common Stock
- 10,465,479
Stock Option
Exercise: $0.03From: 2008-08-15Exp: 2013-06-30→ Common Stock (10,000,000 underlying) - 465,479(indirect: See footnote 6)
Senior Secured Note
Exercise: $0.35From: 2007-09-08Exp: 2009-01-15→ Common Stock (440,479 underlying) - 25,000
Stock Option
Exercise: $0.55From: 2004-10-20Exp: 2014-07-21→ Common Stock (25,000 underlying)
Footnotes (6)
- [F1]These shares of Common Stock were issued to the Reporting Person's services as partial payment of compensation due him under his 2008 Amended Employment Agreement and Plan..
- [F2]These shares are owned by the Bril Corporation Profit Sharing Plan and Trust ('Bril'). The Reporting Person is a participant in Bril. The Reporting Person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- [F3]These shares are owned by Woodlaken LLC ('Woodlaken'). The Reporting Person is a managing member of Woodlaken and shares voting and dispositive power over the securities held by Woodlaken. The Reporting Person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- [F4]These shares are owned by G. Laskowski, the minor son of the Reporting Person. The Reporting Person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- [F5]These shares are owned by D. Laskowski, the spouse of the Reporting Person. The Reporting Person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- [F6]Woodlaken purchased for $100 the right to convert the aggregate principal amount of senior secured notes held by it plus accrued interest thereon as of September 30, 2007 into Common Stock at any time until the maturity date of the senior secured notes, which is January 15, 2009, as such date may be extended from time to time. The Reporting Person shares voting and dispositive power over the securities held by Woodlaken. The Reporting Person disclaims beneficial ownership of 440,479 of the derivative securities except to the extent of his pecuniary interest therein
Documents
Issuer
SOLOMON TECHNOLOGIES INC
CIK 0001240722
Entity typeother
Related Parties
1- filerCIK 0001292618
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 3:04 PM ET
- Size
- 13.6 KB