Kitchen Larry Alan 4
4 · GOLDEN PHOENIX MINERALS INC /MN/ · Filed Dec 22, 2006
Insider Transaction Report
Form 4
Kitchen Larry Alan
Principal Accounting Officer
Transactions
- Other
Option
2006-02-13$0.24/sh+150,000$36,000→ 150,000 totalExercise: $0.24Exp: 2011-02-13→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]This report is being voluntarily filed in order to disclose the termination of Mr. Kitchen's insider status as of December 18, 2006.
- [F2]The vesting schedule of the options is as follows (i) 37,500 of the options vest on May 14, 2006; (ii) 37,500 of the options vest on August 12, 2006; (iii) 37,500 of the options vest on November 11, 2006 and the remaining 37,500 of the options vest on February 13, 2007.
- [F3]The reported holdings reflect all of Mr. Kitchen's beneficial ownership in Golden Phoenix Minerals, Inc. as of December 18, 2006. Furthermore, Mr. Kitchen has not engaged in any reportable transactions since the filing of his last Form 4 on March 23, 2006.