Masica Richard L 4
4 · SULPHCO INC · Filed Feb 25, 2005
Insider Transaction Report
Form 4
SULPHCO INCSLPH
Masica Richard L
Director
Transactions
- Award
Common Stock
2005-01-01+25,000→ 25,000 total - Disposition to Issuer
Stock Option
2005-01-01−25,000→ 0 totalExercise: $2.86From: 2004-11-30Exp: 2007-11-30→ Common Stock (25,000 underlying)
Holdings
- 25,000
Common Stock
Footnotes (1)
- [F1]In November 2004 the issuer granted the reporting person 25,000 shares of common stock, effective January 1, 2005, and an option to acquire 25,000 shares at $2.86 per share, in consideration of services as a director. In December 2004, effective January 1, 2005, the Issuer amended the terms of this director compensation to provide for the reporting person to receive 50,000 shares of common stock in lieu of the November 2004 grants. Of the 50,000 shares acquired, 25,000 shares were previously reported on the reporting person's Form 3.