D ANGELO PETER R 4

4 · HABER INC · Filed Jun 26, 2006

Form 4

Period: 2006-06-01

DirectorChief Financial Officer

Transactions

Award
Employee Stock option (Right to Buy)
2006-06-01+1,000,000→ 2,500,000 total
Exercise: $0.14From: 2006-06-01Exp: 2007-05-31→ Common Stock (1,000,000 underlying)
Award
Common Stock
2006-06-01+225,000→ 10,889,378 total
Award
Employee Stock option (Right to Buy)
2006-06-01+1,500,000→ 1,500,000 total
Exercise: $0.14From: 2006-06-01Exp: 2010-12-31→ Common Stock (1,500,000 underlying)
Discretionary Transaction
Common Stock, par value $0.01 per share
2006-06-01+554,530→ 10,664,378 total

Footnotes (5)

[F1]The amount 554,530 shares of restricted stock were granted to Mr. D'Angelo on June 1, 2006 under terms of Executive Employment Agreement.
[F2]The amount 225,000 shares of restricted stock were granted to Mr. D'Angelo on June 1, 2006 for services on the Board of Directors.
[F3]Option is fully exercisable from June 1, 2006 to December 31, 2010 under terms of Executive Employment Agreement.
[F4]Option fully exercisable, if the price of the common stock closes above $1.00 per share but below $2.00 per share for a total of thirty (30) consecutive trading days any time before May 31, 2007 under terms of Executive Employment Agreement.
[F5]Option fully exercisable, if the price of the common stock closes above $2.00 per share for a total of thirty (30) consecutive trading days any time before May 31, 2007 under terms of Executive Employment Agreement.

Documents

1 file