4//SEC Filing
SOLOMON TECHNOLOGIES INC 4
Accession 0001306509-09-000001
CIK 0001240722operating
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 2:08 PM ET
Size
14.6 KB
Accession
0001306509-09-000001
Insider Transaction Report
Form 4
Betts Jonathan D
Director
Transactions
- Award
Stock Option
2008-12-31+2,500,000→ 3,940,479 totalExercise: $0.01From: 2009-01-01Exp: 2013-12-31→ Common Stock (2,500,000 underlying)
Holdings
- 13,259
Common Stock
- 167,106(indirect: See footnote 1)
Common Stock
- 1,440,479
Stock Option
Exercise: $0.03From: 2008-08-15Exp: 2013-06-30→ Common Stock (1,000,000 underlying) - 440,479(indirect: See footnote 7)
Senior Secured Note
Exercise: $0.35From: 2007-09-08Exp: 2009-01-15→ Common Stock (440,479 underlying) - 498,218(indirect: See footnote 2)
Common Stock
- 55,097(indirect: See footnote 5)
Common Stock
- 64,996(indirect: See footnote 3)
Common Stock
- 323,500(indirect: See footnote 4)
Common Stock
Footnotes (7)
- [F1]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.
- [F2]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.
- [F3]These shares are owned by International Capital Partners LLC (ICP). The Reporting Person is a managing member of ICP and shares voting and dispositive power over the securities held by ICP. 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 K. Betts, 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.
- [F5]These shares are owned by A. Betts, the minor daughter of the Reporting Person. The Reporting Person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- [F6]This Stock Option was granted with respect to the Reporting Person's services as a director of the Company.
- [F7]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 typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001240722
Filing Metadata
- Form type
- 4
- Filed
- Jan 26, 7:00 PM ET
- Accepted
- Jan 27, 2:08 PM ET
- Size
- 14.6 KB