ULLAND WILLIAM C 4
4 · IKONICS CORP · Filed Feb 25, 2005
Insider Transaction Report
Form 4
IKONICS CORPIKNX
ULLAND WILLIAM C
DirectorChairman of the Board and CEO10% Owner
Transactions
- Exercise/Conversion
Common Stock
2005-02-23$4.81/sh+7,500$36,094→ 210,300 total - Exercise/Conversion
Common Stock Option (right to buy)
2005-02-23−7,500→ 0 totalExercise: $4.81Exp: 2005-04-26→ Common Stock (7,500 underlying)
Footnotes (4)
- [F1]On May 13, 2004, the common stock of the company split 3-for-2, resulting in the reporting person's acquisition of 67,600 additional shares.
- [F2]The options vested in three equal annual installments beginning on April 25, 2001.
- [F3]This option was previously reported as covering 5,000 shares at an exercise price of 7.2188 per share, but was adjusted to reflect the 3-for-2 stock split on May 13, 2004.
- [F4]Not applicable.