4//SEC Filing
HARDT HERBERT A 4
Accession 0001144204-06-010969
CIK 0001110361other
Filed
Mar 20, 7:00 PM ET
Accepted
Mar 21, 3:05 PM ET
Size
15.9 KB
Accession
0001144204-06-010969
Insider Transaction Report
Form 4
HARDT HERBERT A
Director
Transactions
- Award
Common Stock
2006-03-17+25,000→ 25,000 total
Holdings
- 5,000
Option/Right to Buy
Exercise: $1.02From: 2002-06-13Exp: 2012-06-13→ Common Stock (5,000 underlying) - 250,000
Common Stock
- 13,043
Common Stock
- 100,000
Common Stock
- 100,000(indirect: See Footnote)
Option/Right to Buy
Exercise: $0.26From: 2001-12-31Exp: 2011-12-31→ Common Stock (100,000 underlying) - 30,000
Common Stock
- 25,000
Option/Right to Buy
Exercise: $0.40From: 2002-07-29Exp: 2012-07-29→ Common Stock (25,000 underlying) - 2,778
Common Stock
Footnotes (5)
- [F1]On February 27, 2003, eRoomSystem Technologies, Inc. (the "Company") issued Mr. Hardt 13,043 and 2,778 shares of common stock at a purchase price of $0.23 and $0.18 per share, respectively. The shares of common stock were issued in consideration for outstanding board of director fees. The disinterested members of the Board of Directors previously approved such issuances.
- [F2]On March 29, 2004, the Company issued Mr. Hardt the sum of 30,000 shares of common stock for extraordinary services rendered in his capacity as a director. The grant is exempt under Rule 16b-3. In addition, on March 17, 2006, the Company issued Mr. Hardt the sum of 25,000 shares of common stock for extraordinary services rendered in his capacity as a director. The grant is exempt under Rule 16b-3.
- [F3]Indirect beneficial ownership through Monness, Crespi & Hardt, Inc.
- [F4]On June 13, 2002, the Company granted Mr. Hardt an option to purchase 5,000 shares of common stock at an exercise price of $1.02 per share. On July 29, 2002, the Company granted Mr. Hardt an option to purchase 25,000 shares of common stock at $0.40 per share. On November 15, 2004, the Company gratnted Mr. Hardt an option to purchase 25,000 shares of common stock at $0.26 per share. Each of the foregoing stock option grants were made pursuant to the Company's 2000 Stock Option and Incentive Plan, is fully vested and exercisable as of the date of grant, and is exempt under Rule 16b-3.
- [F5]On August 9, 2005, the Company issued Mr. Hardt a warrant to purchase 25,000 shares of common stock, at an exercise price of $0.35 per share and expiring on August 9, 2010. The grant is exempt under Rule 16b-3.
Documents
Issuer
EROOMSYSTEM TECHNOLOGIES INC
CIK 0001110361
Entity typeother
Related Parties
1- filerCIK 0001273795
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 7:00 PM ET
- Accepted
- Mar 21, 3:05 PM ET
- Size
- 15.9 KB