TORVEC INC 4
4 · TORVEC INC · Filed Dec 23, 2013
Insider Transaction Report
Form 4
TORVEC INCTOVC
GLEASMAN KEITH E
DirectorPresidnet10% Owner
Transactions
- Other
Stock optons
2013-12-22$5.00/sh−31,818$159,090→ 0 totalExercise: $5.00From: 2003-12-22Exp: 2013-12-22→ Common Stock (31,818 underlying)
Holdings
- 4,496,666(indirect: By Trust)
Common Stock
- 4,862,575
Common Stock
Footnotes (2)
- [F1]Includes 1,400,000 shares held by the Vernon E. Gleasman Grandchildren's Trust and 1,400,000 shares held by the Margaret F. Gleasman Grandchildren's Trust, of which Mr. Gleasman is co-trustee. Includes 1,666,666 shares held by the James Y. Gleasman Children's Trust of which Mr. Gleasman is co-trustee. Includes 30,000 shares held in Mr. Gleasman's spouse's name, as trustee for their son.
- [F2]On 12/22/2013, a 10 year option that was granted to Mr. Gleasman on 12/22/2003 to purchase 31,818 shares of Torvec, Inc. common stock at an exercise price of $5.00 per share expired.