ACCLAIM ENTERTAINMENT INC 4/A
4/A · ACCLAIM ENTERTAINMENT INC · Filed Jun 21, 2004
Insider Transaction Report
Form 4/AAmended
SCOROPOSKI JAMES
DirectorCo-Chairman and Senior Executi10% Owner
Transactions
- Award
Common Stock, par value $0.02 per share
2004-06-15$0.35/sh+1,282,531$448,886→ 6,462,430 total
Footnotes (1)
- [F1]The Reporting Person's initial Form 4 reported the intended acquisition of 2,000,000 shares by the Reporting Person under the Issuer's 1998 Stock Incentive Plan, conditioned on the 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 $289,292.00. As a result, the Reporting Person only received 1,282,531 shares pursuant to the Issuer's 1998 Stock Incentive Plan following the receipt by the Issuer of a $448,885.80 payment, which amount represents the balance after the repayment of the $289,292.00 previously credited bonus.