NUTECH DIGITAL INC 4
4 · NUTECH DIGITAL INC · Filed Apr 16, 2004
Insider Transaction Report
Form 4
KASPER LEE
DirectorCEO, President, CFO10% Owner
Transactions
- Other
Common Stock
2004-04-16−27,000→ 7,434,556 total - Award
Option to Purchase Common Stock
2004-04-15+2,000,000→ 3,200,000 totalExercise: $0.68Exp: 2009-04-14→ Common Stock (2,000,000 underlying)
Footnotes (3)
- [F1]Mr. Kasper transferred these shares to an entity as settlement for a legal action brought against Mr. Kasper and NuTech Digital, Inc.
- [F2]The option was granted to Mr. Kasper on the condition that he meet certain performance targets during the 2004 fiscal year. The performance targets have not yet been met, and they may never be met.
- [F3]No consideration was paid to the Company for the grant of this option.