TRANSAX INTERNATIONAL LTD 5
5 · TRANSAX INTERNATIONAL LTD · Filed Feb 14, 2005
Insider Transaction Report
Form 5
WALTERS STEPHEN
DirectorPresident
Transactions
- Award
Stock Options
2004-12-31$0.50/sh+750,000$375,000→ 750,000 totalExercise: $0.50From: 2003-08-14Exp: 2008-08-14→ Common Stock (750,000 underlying) - Other
Common Stock
2004-09-29$0.08/sh+234,806$18,784→ 234,819 total - Other
Common Stock
2004-12-31$0.15/sh+500,000$75,000→ 734,819 total - Other
Common Stock
2004-09-29$0.08/sh+1,687,500$135,000→ 1,687,513 total - Award
Stock Options
2004-12-31$0.20/sh+250,000$50,000→ 250,000 totalExercise: $0.20From: 2004-12-31Exp: 2009-12-29→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]Pursuant to the terms and provisions of a settlement agreement between Mr. Walters & Transax International Ltd.
- [F2]Pursuant to the terms and provisions of an agreement between Mr. Walters and a creditor.
- [F3]Pursuant to the terms and provisions of an agreement between a creditor and Mr. Walters regarding settlement of debt.