WILSHIRE OIL CO OF TEXAS 4
4 · WILSHIRE OIL CO OF TEXAS · Filed Feb 17, 2005
Insider Transaction Report
Form 4
SCHMERTZ ERIC J
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2005-02-15−5,150→ 0 totalExercise: $6.01Exp: 2005-06-29→ Common Stock (5,150 underlying) - Exercise/Conversion
Common Stock
2005-02-15$6.01/sh+5,150$30,952→ 18,068 total - Tax Payment
Common Stock
2005-02-15$9.50/sh−3,259$30,961→ 14,809 total
Footnotes (2)
- [F1]These shares were tendered to the issuer as payment for the option exercise price, and were not sold on the open market. The options exercised in this transaction were due to expire in June 2005.
- [F2]These options vest in annual installments of 20% beginning on the second anniversary of the date of grant.