ACCLAIM ENTERTAINMENT INC 4/A
4/A · ACCLAIM ENTERTAINMENT INC · Filed Jun 21, 2004
Insider Transaction Report
Form 4/AAmended
FISCHBACH GREGORY E
DirectorCo-Chairman of Board10% Owner
Transactions
- Award
Common Stock, par value $0.02 per share
2004-06-04$0.38/sh−1,129,908$429,365→ 5,148,315 total
Footnotes (1)
- [F1]The Reporting Person's initial Form 4 reported the acquisition of 2,000,000 shares under the Issuer's 1998 Stock Incentive Plan, conditioned upon the receipt by the Issuer of a payment of $1,000,000 to the Issuer. As a result of the previously announced restatement of the Issuer's net earnings for fiscal 2001 due to an inadvertent accounting error, a bonus previously credited to the Reporting Person was retroactively reduced by $342,710.00. As a result, the Reporting Person only received 1,129,908 shares pursuant to the 1998 Stock Incentive Plan following the receipt by the Issuer of a $395,467.80 payment, which amount represents the balance after the repayment of the $342,710.00 previously credited bonus.