Tran Van Thuy 4
4 · VERITEC INC · Filed Jan 31, 2005
Insider Transaction Report
Form 4
VERITEC INCVRTC
Tran Van Thuy
Director10% Owner
Transactions
- Gift
Common Stock
2005-01-25−5,000→ 9,060,586 total - Sale
Common Stock
2005-01-25$0.50/sh−138,710$69,355→ 9,065,586 total - Sale
Common Stock
2005-01-25$0.25/sh−116,708$29,177→ 8,943,878 total(indirect: By Entity)
Footnotes (3)
- [F1]Van Thuy Tran transferrd 138,710 shares of common stock to Jack Dahl as the excessive amount of shares that had been previously acquired by Ms. Tran as security for a loan from Ms. Tran to Mr. Dahl. The parties valued the shares at $.50 per share in connection with the transfer.
- [F2]Van Thuy Tran transferred 5,000 shares of common stock to Byron Hoffman as a bonafide gift for no consideration.
- [F3]The Matthews Group, LLC transferred 116,708 shares of common stock to John Johanns to reimburse Mr. Johanns for prior stock and cash contributions that Mr. Johanns made ot the Company through The Matthews Group, LLC. The parties valued the shares at $.25 per share in connection with the transfer.