SACHS KARL 4
4 · METROPOLITAN HEALTH NETWORKS INC · Filed Feb 10, 2004
Insider Transaction Report
Form 4
SACHS KARL
Director
Transactions
- Award
Class A Common Stock
2004-02-04+20,072→ 479,321 total - Award
Class A common Stock
2004-02-04+7,128→ 459,249 total - Gift
Class A Common Stock
2004-02-04−1,500→ 477,821 total
Footnotes (3)
- [F1]Shares were issued as payment for Board fees for October through December of 2003. Each Board member is paid $1,500 per month. This amount is paid in shares using the average closing price for the last 5 trading days of the month. This amount is then divided into $1,500 to determine the number of shares issued for each month.
- [F2]Shares were issued as payment for Board Committee fees for July through December of 2003. Each Board member is paid $500 per month. This amount is paid in shares using the average closing price for the last 5 trading days of the month. This amount is then divided into $500 to determine the number of shares issued for each month.
- [F3]Shares given as a gift