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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 2270 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | |||||||||
Stock Option | $ 2.5 | 04/03/1996 | Â | A | 233,000 | Â | 02/05/1998 | 05/12/2006(1) | Common Stock | $ 2.5 | 275,000 | Â | ||
Stock Option | $ 3.5 | 07/18/1996 | Â | A | 17,000 | Â | 02/06/1998 | 07/18/2006 | Common Stock | $ 3.5 | 275,000 | Â | ||
Stock Option | $ 1 | 03/06/2002 | Â | A | 25,000 | Â | 03/06/2006 | 03/06/2012 | Common Stock | $ 1 | 275,000 | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
EVANS RONALD J 5314 S YALE AVENUE, SUITE 1000 TULSA, OK 74135 |
 X |  |  President and CEO |  |
/s/ Ronald J Evans | 05/10/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Effective as of March 31, 2006, the Board of Directors of the Company extended the option exercise period of the outstanding stock option agreement from April 2, 2006 to May 12, 2006 in order to extend the exercise period to a time beyond a period of restricted trading for affiliates of the Company. |
(2) | These shares were acquired during the fiscal year ending 12/31/02 pursuant to Kinark Corporation's 401(K) Plan, at prices ranging from $.93 to $1.75. |