Home/Filings/4/0000940512-03-000002
4//SEC Filing

CANNON EXPRESS INC 4

Accession 0000940512-03-000002

CIK 0000801558operating

Filed

May 28, 8:00 PM ET

Accepted

May 29, 5:14 PM ET

Size

6.3 KB

Accession

0000940512-03-000002

Insider Transaction Report

Form 4
Period: 2003-05-27

No transactions or holdings reported in this filing.

Footnotes (1)
  • [F1]The stock options were acquired by Cannon Express, Inc. ("Company") from CFOex, Bruce Jones, James Schnoes and Calvin Turner (the "CFOex Group") pursuant to the terms of a Settlement and Termination Agreement ("Agreement") dated as of May 21, 2003, and executed on May 27, 2003. Under the terms of the Agreement, the Company will pay the CFOex Group $450,000, $300,000 of which is payable on or before the first anniversary of the closing date. A total of 1,500,000 options were acquired by the Company.

Issuer

CANNON EXPRESS INC

CIK 0000801558

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000801558

Filing Metadata

Form type
4
Filed
May 28, 8:00 PM ET
Accepted
May 29, 5:14 PM ET
Size
6.3 KB