JOHNSON CLARK A 4
4 · REFAC OPTICAL GROUP · Filed Jun 28, 2006
Insider Transaction Report
Form 4
JOHNSON CLARK A
Director
Transactions
- Award
Options to acquire common stock
2006-06-26+575→ 43,776 totalExercise: $8.00From: 2006-07-31Exp: 2016-06-26→ Common Stock (575 underlying) - Award
Options to acquire common stock
2006-06-26+19,425→ 43,776 totalExercise: $8.00Exp: 2016-06-26→ Common Stock (19,425 underlying)
Footnotes (4)
- [F1]Options to acquire Refac Optical Group (the "Company") common stock were received by Mr. Johnson in connection with his service as a director of the Company.
- [F2]Options to acquire 20,000 shares of the Company's common stock were received by Mr. Johnson as a director of the Company. Such options have an exercise price of $4.50, are fully exercisable and expire on May 19, 2013.
- [F3]Options to acquire 1,888 and 1,888 shares of common stock were acquired in connection with the Company's acquisition of OptiCare Health Systems, Inc. on March 6, 2006. These options are currently exercisable, have exercise prices of $9.53 and $6.99, respectively, and expire on May 7, 2014 and May 9, 2015, respectively.
- [F4]Options to acquire 19,425 shares of common stock will become exercisable at a rate of 555 per month on the last calendar day of each month beginning on August 31, 2006.