Smith III James F 4
4 · MORGAN BEAUMONT INC · Filed Jan 11, 2005
Insider Transaction Report
Form 4
Smith III James F
Chief Technical Officer
Transactions
- Award
Stock Option
2004-10-01+50,000→ 50,000 totalExercise: $0.20From: 2005-09-30Exp: 2010-09-30→ Common stock (50,000 underlying) - Award
Stock option
2004-10-01+50,000→ 50,000 totalExercise: $0.20From: 2006-09-30Exp: 2011-09-30→ Common stock (50,000 underlying)
Footnotes (1)
- [F1]The Company granted the option to purchase 150,000 shares of its common stock for $0.20 per share, vesting 50,000 as of October 1, 2004, vesting 50,000 as of September 30, 2005, and vesting 50,000 as of September 30, 2006, as consideration for his services as an officer as set forth in his employment agreement.