VERSO TECHNOLOGIES INC 4
4 · VERSO TECHNOLOGIES INC · Filed Jul 27, 2005
Insider Transaction Report
Form 4
Dunaway Mark H
DirectorPresident & COO
Transactions
- Award
Stock Option (Right to Buy)
2005-07-25+200,000→ 200,000 totalExercise: $0.50Exp: 2015-07-25→ common stock (200,000 underlying)
Footnotes (2)
- [F1]Option vests and first becomes exercisable in its entirety on the earlier of (i) 7/25/2006, provided the Reporting Peron attends 70% of all meetings of Issuer's Board of Directors held from 7/25/2005 through 7/25/2006, and (ii) 7/25/2007.
- [F2]Option issued pursuant to Issuer's 1999 Stock Incentive Plan, as amended.