OSBORNE RICHARD L 4
4 · NEW HORIZONS WORLDWIDE INC · Filed May 21, 2009
Insider Transaction Report
Form 4
NEW HORIZONS WORLDWIDE INCNEWH.OB
OSBORNE RICHARD L
Director
Transactions
- Award
Common stock, $0.01 par value
2008-08-24$1.50/sh+15,000$22,500→ 24,803 total
Footnotes (2)
- [F1]These shares were issued to the reporting person as payment for his Director fees pursuant to a Board Resolution in August 2007.
- [F2]The reporting person retired from the Company's Board of Directors on December 31, 2008. The reporting person was an active Board member during 2008 and was granted the shares reported. Mr. Osborne has marked the box relating to no longer being subject to Section 16, however is filing this Form 4 since the reporting person was issued sharesa within six months of his resignation.