GOODMAN ROBERT N 4
4 · ORLEANS HOMEBUILDERS INC · Filed Jan 14, 2005
Insider Transaction Report
Form 4
GOODMAN ROBERT N
Director
Transactions
- Exercise/Conversion
Common Stock
2005-01-07$1.19/sh+25,000$29,750→ 40,000 total - Exercise/Conversion
Director Stock Option (right to buy)
2005-01-07−25,000→ 0 totalExercise: $1.19Exp: 2005-02-28→ Common Stock (25,000 underlying) - Exercise/Conversion
Director Stock Option (right to buy)
2005-01-07−10,000→ 0 totalExercise: $1.19Exp: 2008-04-20→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2005-01-07$1.19/sh+10,000$11,900→ 50,000 total
Footnotes (2)
- [F1]The 25,000 shares subject to the option became eligible for purchase as follows: (i) 6,250 shares on the date of approval of the 1995 Stock Option Plan for Non-Employee Directors by the Corporation's stockholders; and (ii) 6,250 shares on February 28 of each of the years 1996 through 1998 inclusive.
- [F2]Option became exercisable in equal installments of 2,500 each on 4/20/98, 99, 00 and 01.