Trinsic, Inc. 4
4 · Trinsic, Inc. · Filed Aug 18, 2005
Insider Transaction Report
Form 4
Trinsic, Inc.TRIN
Morgan J Michael
Chief Financial Officer
Transactions
- Award
Common Stock
2005-07-01+50,000→ 50,000 total
Footnotes (1)
- [F1]Restricted stock issued in exchange for services rendered. Restrictions lapse over a three year period, except that for one-half of the shares no restrictions will elapse unless the average market price per share of Trinsic, Inc. stock exceeds a certain level for a certain period of time. However, notwithstanding the average market price, all restrictions will lapse after seven years.