Home > Insider Trading > Filing (0001144204-12-032814)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
776008	Star Scientific Inc	CIGX	Cigarettes (2111)	521402131

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1280485	E Robert Pokusa	4470 Cox Road, Suite 110 Glen Allen VA 23060	General Counsel	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-05-29	100,000	$1.12	101,199	No	4	M	Direct
Common Stock	Disposition	2012-05-29	28,141	$3.98	73,058	No	4	F	Direct
Common Stock	Disposition	2012-05-29	10,000	$3.92	63,058	No	4	S	Direct
Common Stock	Disposition	2012-05-30	21,000	$3.84	42,058	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2012-05-29	100,000	$0.00	100,000	$1.12

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2002-05-31	2012-05-31	No	4	M	Direct

Footnotes

Represents shares surrendered to Issuer to satisfy strike price requirement in Employee Stock Options.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.91 to $3.94, inclusive, to cover tax obligations relating to the exercise of Employee Stock Options. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2).
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.80 to $3.89, inclusive, to cover tax obligations relating to the exercise of Employee Stock Options.
Stock options issued under the Issuer's 2000 Incentive Award Plan and were granted to Reporting Person on May 31, 2002. The option shares were fully vested and were to expire on May 31, 2012.
The Reporting Person has the right to acquire an additional 260,000 shares of common stock upon exercise of currently outstanding stock options with exercise prices and expiration dates that differ from that of options reported above.