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4//SEC Filing

ANTS SOFTWARE INC 4

Accession 0001306774-04-000002

CIK 0000796655operating

Filed

Dec 2, 7:00 PM ET

Accepted

Dec 3, 11:21 AM ET

Size

8.3 KB

Accession

0001306774-04-000002

Insider Transaction Report

Form 4
Period: 2004-12-03
Pearce Boyd
President and COO
Transactions
  • Purchase

    Common Stock

    2004-12-03$1.00/sh+5,000$5,0005,000 total
  • Purchase

    Warrant to Purchase Common Stock

    2004-12-03+5,000755,000 total
    Exercise: $2.00From: 2004-12-03Exp: 2007-11-12Common Stock (5,000 underlying)
Footnotes (2)
  • [F1]Mr. Pearce purchased 5,000 units from ANTs software inc. at a price of 1.00 per unit, with each unit consisting of (i) one share of common stock and (ii) a warrant to purchase one share of common stock. The shares of common stock are "restricted securities" as that term is defined in paragraph (a) of rule 144 of the Securities Act of 1933, as amended.
  • [F2]Item 9 includes an option grant dated 10/19/2004 for 100,000 shares, exercise price $1.45, fully vested;option grant dated 10/19/2004 for 650,000 shares, exercise price $1.45 with the following vesting schedule: 16.6% shall vest six months from the vesting measurement date; thereafter, 2.78% shall vest each month, 100% vested after three years;a warrant dated 12/03/2004 for 5,000 shares, exercise price $1.00, fully vested.

Issuer

ANTS SOFTWARE INC

CIK 0000796655

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000796655

Filing Metadata

Form type
4
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 11:21 AM ET
Size
8.3 KB