IONATRON, INC. 4
4 · IONATRON, INC. · Filed Dec 7, 2004
Insider Transaction Report
Form 4
IONATRON, INC.IOTN
MCCAHON STEPHEN WILLIAM
Chief Science Officer
Transactions
- Gift
Common Stock
2004-06-22−9,000→ 6,078,766 total - Gift
Common Stock
2004-06-22−39,500→ 6,087,766 total - Other
Common Stock
2004-12-06+142,202→ 6,220,968 total
Footnotes (2)
- [F1]These shares were gifted by the Reporting Person to his minor children. The Reporting Person retains voting and investment power over these shares.
- [F2]These shares represent the Reporting Person's pro rata portion of the merger consideration paid by the Issuer to the stockholders of Ionatron Technologies, Inc. ("Old Ionatron") in connection with the merger of Old Ionatron with and into a wholly-owned subsidiary of the Issuer on March 18, 2004 that were placed in escrow at the time of the merger (and not distributed to the Old Ionatron stockholders) to settle Old Ionatron obligations. The 142,202 shares were distributed to the Reporting Person on December 6, 2004, from the shares remaining in escrow after settlement of Old Ionatron's obligations based on the Reporting Person's percentage ownership of Old Ionatron at the time of the merger.