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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Exercisable Expiration |
Company | Symbol | Insider Relationship | Shares Traded | Conversion Price |
Shares Ownership |
Filing |
| 2008-06-04 Option Award |
2008-06-04 6:30 pm | 2011-06-04 2015-06-05 |
SHELLS SEAFOOD RESTAURANTS INC | SHLL | Kathman Guy C (VP Operations) | 100,000 | $0.09 | 475,000 (Direct) | View |
| 2007-01-05 Option Award |
2007-01-09 09:46 am | 2010-01-05 2014-01-05 |
SHELLS SEAFOOD RESTAURANTS INC | SHLL | KATHMAN GUY C (VP of Operations) | 75,000 | $0.7 | 375,000 (Direct) |
View |
| 2005-06-13 Option Award |
2005-06-23 5:12 pm |
2005-12-31 2012-06-13 | SHELLS SEAFOOD RESTAURANTS INC | SHLL | KATHMAN GUY C (VP of Operations) | 125,000 | $0.76 | 125,000 (Direct) |
View |
| 2005-03-21 Option Award |
2005-03-22 4:46 pm | 2008-03-21 2015-03-21 |
SHELLS SEAFOOD RESTAURANTS INC | SHLL | KATHMAN GUY C (VP of Operations) | 125,000 | $1.1 | 125,000 (Direct) |
View |
| 2003-09-24 Option Award | 2003-09-25 2:42 pm |
2004-09-24 2014-09-24 | SHELLS SEAFOOD RESTAURANTS INC | SHLL.OB | KATHMAN GUY C (Vice President of Operations) | 50,000 | $0.64 | 50,000 (Direct) | View |
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