ARKONA INC 4
4 · ARKONA INC · Filed Jun 6, 2007
Insider Transaction Report
Form 4
ARKONA INCARKN
Misener Kent A
Director
Transactions
- Disposition to Issuer
Stock Option
2007-06-05$1.38/sh+50,000$69,000→ 0 totalExercise: $0.65Exp: 2014-12-08→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]This option was canceled as a result of the purchase by DA Acquistion Corp. of a majority of the outstanding shares of voting stock of Arkona, Inc. pursuant to the tender offer by DA Acquistion Corp. in exchange for a cash payment equal to the difference between the exercise price of the option and $1.38 per share.