KAPLAN ALLEN 4
4 · AMERITRANS CAPITAL CORP · Filed Jun 15, 2005
Insider Transaction Report
Form 4
KAPLAN ALLEN
Director
Transactions
- Other
Non-Employee Director Stock Options
2004-08-31−5,556→ 0 totalExercise: $9.00From: 2000-08-31Exp: 2004-08-31→ Common Stock, $.0001 par value (5,556 underlying) - Other
Non-Employee Director Stock Options
2004-08-31+10,020→ 10,020 totalExercise: $4.99From: 2004-08-31Exp: 2009-08-31→ Common stock, $.0001 par value (10,020 underlying)
Footnotes (2)
- [F1]Mr. Kaplan unintentionally failed to file a Form 4 for the automatic cancellation and re-grant of stock options on August 31,2004 pursuant to the interpretation of the Non-Employee Director Stock Option Plan by the disinterested members of the Board dated as of August 16, 2004. The mistake was made in good faith and the grant has been duly disclosed by Ameritrans Capital Corporation pursuant to federal securities laws.
- [F2]The cancellation and automatic re-grant of stock options on August 31, 2004 was a single transaction. It is reported here as separate transactions in order to more fully disclose the details of the transaction.