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4//SEC Filing

Phillips John Lawton 4

Accession 0001349084-06-000003

CIK 0001084088other

Filed

Aug 24, 8:00 PM ET

Accepted

Aug 25, 5:10 PM ET

Size

9.7 KB

Accession

0001349084-06-000003

Insider Transaction Report

Form 4
Period: 2006-05-19
Phillips John Lawton
DirectorPresident,Chief Technical Off.
Transactions
  • Disposition to Issuer

    Stock Options

    2006-05-19+4,000,0004,000,000 total
    Exercise: $0.09From: 2006-08-28Exp: 2016-05-18Common Stock (4,000,000 underlying)
  • Disposition to Issuer

    Stock Options

    2006-05-19+1,923,0775,923,077 total
    Exercise: $0.09From: 2006-05-19Exp: 2016-05-18Common Stock (1,923,077 underlying)
Holdings
  • Common Stock

    2,983,513
  • Common Stock

    (indirect: By Trust)
    960,000
Footnotes (3)
  • [F1]Stock owned by self as John L. Phillips, Co-Trustee of the John L. Phillips and Marina Phillips Family Trust DTD 03/03/2005.
  • [F2]Stock options vest quarterly over two years.
  • [F3]Stock options were granted on 11/19/2005 and previously reported on a Form 3. These stock options were repriced on 5/19/2006 at $0.09 per share and all shares became fully vested.

Issuer

SATELLITE SECURITY CORP

CIK 0001084088

Entity typeother

Related Parties

1
  • filerCIK 0001349084

Filing Metadata

Form type
4
Filed
Aug 24, 8:00 PM ET
Accepted
Aug 25, 5:10 PM ET
Size
9.7 KB