COMMON STOCK, PAR VALUE $.01 PER SHARE 1,230,000(1) $6.13(2) $7,543,750 --- --------------------------------------- ------------------------ ----------------- -------------------- --------------- COMMON STOCK, PAR VALUE $.01 PER SHARE 120,000 SHARES(3) $1.79(4) $214,800 --- --------------------------------------- ------------------------ ----------------- -------------------- --------------- COMMON STOCK, PAR VALUE $.01 PER SHARE 50,000 SHARES(5) $2.75 $137,500 --- --------------------------------------- ------------------------ ----------------- -------------------- --------------- TOTAL: 1,400,000 --- $7,896,050 $2,289.85 ======================================= ======================== ================= ====================
(1) Represents shares that have been issued pursuant to a restricted stock awards or may hereafter be issued upon exercise of options that have heretofore been granted pursuant to the 1994 Stock Incentive Plan of the Registrant (the "Plan").This Registration Statement also registers an indeterminate number of shares of Common Stock which may become issuable pursuant to provisions of the Plan relating to adjustments for recapitalization, stock dividends, etc.
(3) Represents shares that may hereafter be issued pursuant to awards under the Plan. (5) Represents shares issued pursuant to a written agreement between Sanford L. Kane, a former executive officer of the Company, and the Company relating to amounts payable to Mr. Kane in connection with his employment with the Company |