Phillips John Lawton 4
4 · SATELLITE SECURITY CORP · Filed Aug 25, 2006
Insider Transaction Report
Form 4
Phillips John Lawton
DirectorPresident,Chief Technical Off.
Transactions
- Disposition to Issuer
Stock Options
2006-05-19+4,000,000→ 4,000,000 totalExercise: $0.09From: 2006-08-28Exp: 2016-05-18→ Common Stock (4,000,000 underlying) - Disposition to Issuer
Stock Options
2006-05-19+1,923,077→ 5,923,077 totalExercise: $0.09From: 2006-05-19Exp: 2016-05-18→ Common Stock (1,923,077 underlying)
Holdings
- 2,983,513
Common Stock
- 960,000(indirect: By Trust)
Common Stock
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.