4//SEC Filing
TOLLYCRAFT YACHT CORP 4
Accession 0001015608-98-000006
CIK 0001019867other
Filed
Mar 17, 7:00 PM ET
Accepted
—
Size
7.9 KB
Accession
0001015608-98-000006
Insider Transaction Report
Form 4
Fresne, Donald C.
DirectorPresident & COO
Holdings
- 10,000
$.001 par 1-30-98 A
Footnotes (2)
- [1]Granted 1-11-96. Exercisable at $9.25 per share. Expires 24 months after the debt owed by the Company to Vera Corporation is fully paid and no longer outstanding or is bargained, sold, assigned, transferred or conveyed to a third party, and written notice form the Company of such payoff or transfer is given to the Optionee. The Vera debt is currently outstanding and option is therefor unexercisable.
- [2]Granted 1-11-96. Exercisable as follows: 1.1 Up to 10,000 shares at $9.25 per share, which is the fair value at the time this option is granted, on or before 12-31-96; 1.2 Any unexercised shares issuable pursuant to Section 1.1 herein and up to 10,000 additional shares, all at $12.50 per share on or before 12-31-97; 1.3 Any unexercised shares issuable pursuant to Sections 1.1 and 1.2 herein and up to 10,000 additional shares, all at 50% of the bid price of the stock as quoted at the time notice of exercise is given, on or before 12-31-98; 1.4 Any unexercised shares issuable pursuant to Sections 1.1, 1.2, and 1.3 herein and up to 10,000 additional shares, all at 50% of the bid price of the stock as quoted at the time notice of exercise is given, on or before 12-31-99. By: /s/ D.R. Cooley **
Documents
Issuer
TOLLYCRAFT YACHT CORP
CIK 0001019867
Entity typeother
IncorporatedNV
Related Parties
1- filerCIK 0001019867
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 7:00 PM ET
- Size
- 7.9 KB