KURYLAK VICTOR K 4
4 · FIRST MONTAUK FINANCIAL CORP · Filed Jan 5, 2004
Insider Transaction Report
Form 4
KURYLAK VICTOR K
President, CEO
Transactions
- Award
Incentive Stock Options
2004-01-01$125000.00/sh+250,000$31,250,000,000→ 500,000 totalExercise: $0.50From: 2004-01-01Exp: 2008-12-31→ Common Stock (250,000 underlying) - Award
Incentive Stock Rights
2004-01-01+250,000→ 250,000 total→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]In connection with a new Employment Agreement, Mr. Kurylak has been granted 250,000 incentive stock units subject to incentive periods of one year for the first 1/3 of the grant amount, two years for the next 1/3 of the grant amount, and three years for the final 1/3 of the total grant amount, based upon Mr. Kurylak's continuous employment with the Company during the incentive periods.