Home/Filings/4/0001385198-07-000013
4//SEC Filing

ARKONA INC 4

Accession 0001385198-07-000013

CIK 0000925662operating

Filed

Jun 5, 8:00 PM ET

Accepted

Jun 6, 1:54 PM ET

Size

16.6 KB

Accession

0001385198-07-000013

Insider Transaction Report

Form 4
Period: 2007-06-05
Critchfield Michael
Vice President of Sales
Transactions
  • Disposition to Issuer

    Stock Option

    2007-06-05$1.38/sh+25,000$34,5000 total
    Exercise: $0.30Exp: 2011-12-27Common Stock (25,000 underlying)
  • Disposition to Issuer

    Stock Option

    2007-06-05$1.38/sh+100,000$138,0000 total
    Exercise: $0.20Exp: 2013-06-15Common Stock (100,000 underlying)
  • Disposition to Issuer

    Stock Option

    2007-06-05$1.38/sh+75,000$103,5000 total
    Exercise: $0.30Exp: 2011-12-27Common Stock (75,000 underlying)
  • Disposition to Issuer

    Stock Option

    2007-06-05$1.38/sh+150,000$207,0000 total
    Exercise: $0.50Exp: 2014-10-01Common Stock (150,000 underlying)
Footnotes (1)
  • [F1]This option was canceled as a result of the purchase by DA Acquisition Corp. of a majority of the outstanding shares of voting stock of Arkona, Inc. pursuant to the tender offer by DA Acquisition Corp. in exchange for a cash payment equal to the difference between the exercise price of the option and $1.38 per share.

Issuer

ARKONA INC

CIK 0000925662

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000925662

Filing Metadata

Form type
4
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 1:54 PM ET
Size
16.6 KB