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4//SEC Filing

CRAIG KENNETH 4

Accession 0001301090-05-000002

CIK 0001120792other

Filed

Jan 10, 7:00 PM ET

Accepted

Jan 11, 2:49 PM ET

Size

16.4 KB

Accession

0001301090-05-000002

Insider Transaction Report

Form 4
Period: 2004-12-27
CRAIG KENNETH
DirectorCFO and Secretary
Transactions
  • Other

    Common stock

    2004-10-27+76,1753,148,072 total(indirect: By Spouse)
  • Award

    Stock option

    2004-10-01+100,0001,350,000 total
    Exercise: $0.20From: 2004-10-01Exp: 2009-10-01Common stock (100,000 underlying)
  • Other

    Common stock

    2004-12-27+148,6873,148,072 total
  • Award

    Stock option

    2004-10-01+1,250,0001,350,000 total
    Exercise: $0.20From: 2004-10-01Exp: 2009-10-01Common stock (1,250,000 underlying)
  • Award

    Stock option

    2004-10-01+625,0001,350,000 total
    Exercise: $0.20From: 2005-09-30Exp: 2010-09-30Common stock (625,000 underlying)
Footnotes (3)
  • [F1]The former controlling shareholders of Pan American defaulted on certain provisions of the Merger Agreement which resulted in a modification of the Merger Agreement and the transfer of approximately 1,000,000 shares from the former controlling shareholders to the original shareholders of Morgan Beaumont.
  • [F2]The Company granted options to purchase 100,000 shares of its common stock for $0.20 per share to each member of its Board of Directors as consideration for their service during the year ended September 30, 2005.
  • [F3]The Company granted options to purchase 2,500,000 shares of its common stock at a price of $0.20 per share, vesting 1,250,000 as of October 1, 2004, vesting 625,000 as of September 30, 2005 and vesting 625,000 as of September 30, 2006, as consideration for Mr. Craig agreeing to cancel certain anti-dilution protections as set forth in his employment agreement.

Issuer

MORGAN BEAUMONT INC

CIK 0001120792

Entity typeother

Related Parties

1
  • filerCIK 0001302011

Filing Metadata

Form type
4
Filed
Jan 10, 7:00 PM ET
Accepted
Jan 11, 2:49 PM ET
Size
16.4 KB