Schatzman Gregg P 4
4 · SOUTHWEST CASINO CORP · Filed Jan 11, 2006
Insider Transaction Report
Form 4
Schatzman Gregg P
Director
Transactions
- Award
Non-statutory common stock option (right to buy)
2006-01-10+150,000→ 150,000 totalExercise: $0.65Exp: 2016-01-09→ Common Stock (150,000 underlying)
Footnotes (1)
- [F1]On January 10, 2006, Southwest Casino Corporation issued an option to purchase 150,000 shares of Southwest Casino Corporation common stock in consideration of Mr. Schatzman's agreement to serve as an independent member of the company's Board of Directors. The option becomes exercisable in equal installments on the last day of each fiscal quarter of the company over a 3-year period.