Brothers Louis J 4
4 · VALLEY FORGE COMPOSITE TECHNOLOGIES, INC. · Filed Aug 9, 2010
Insider Transaction Report
Form 4
Brothers Louis J
DirectorCEO, President, Chairman10% Owner
Transactions
- Other
Employee Stock Option (Right to Buy)
2010-08-05−298,062→ 0 totalExercise: $2.01Exp: 2015-06-25→ Common Stock (298,062 underlying) - Other
Emmployee Stock Option (Right to Buy)
2010-08-05−1,201,938→ 0 totalExercise: $1.83Exp: 2020-06-25→ Common Stock (1,201,938 underlying)
Footnotes (1)
- [F1]On June 25, 2010, the Issuer's Board of Directors granted the Reporting Person options to acquire an aggregate of 1,500,000 shares of common stock pursuant to the Issuer's 2008 Equity Incentive Plan (the "2008 Plan"). On August 5, 2010, the Board rescinded all of the options granted on June 25, 2010 due to a potential conflict between that grant and the rules governing the 2008 Plan.