TITAN CORP 4

4 · TITAN CORP · Filed Jul 28, 2003

Insider Transaction Report

Form 4

Period: 2003-07-24

TITAN CORPTTN

GORDA RONALD B

Senior Vice President

Transactions

Sale
Common Stock
2003-07-24$13.10/sh−62,616$820,270→ 0 total
Sale
Common Stock
2003-07-24$13.10/sh−7,384$96,730→ 1,909 total
Exercise/Conversion
Employee Stock Options (right to buy)
2003-07-24−62,616→ 270,972 total
Exercise: $1.59From: 2000-07-21Exp: 2009-07-21→ Common Stock (62,616 underlying)
Sale
Common Stock
2003-07-24$14.00/sh−33,091$463,274→ 0 total
Exercise/Conversion
Employee Stock Options (right to buy)
2003-07-24−9,293→ 333,588 total
Exercise: $3.35From: 1995-08-18Exp: 2005-08-18→ Common Stock (9,293 underlying)
Exercise/Conversion
Common Stock
2003-07-24$3.35/sh+9,293$31,150→ 9,293 total
Exercise/Conversion
Common Stock
2003-07-24$1.59/sh+62,616$99,559→ 62,616 total
Sale
Common Stock
2003-07-24$14.00/sh−1,909$26,726→ 0 total

Footnotes (10)

[F1]Issuer stock previoulsy acquired by the reporting person and sold pursuant to an issuer approved 10b5(1) Sales Plan.
[F10]Represents number of issuer employee stock options (right to buy) held by the reporting person upon filing of THIS Form 4 and after the exercise and sale of the 62,616 shares in THIS transaction is deducted from total in PREVIOUS row.
[F2]Exercise and sale of Employee Stock Options (right to buy) through an issuer approved 10b5(1) Sales Plan. The stock options were exercisable as to 25% of the total grant on August 18, 1995, 1996, 1997 and 1998.
[F3]Exercise and sale of Employee Stock Options (right to buy) through an issuer approved 10b5(1) Sales Plan. The stock options were exercisable as to 25% of the total grant on August 18, 1995, 1996, 1997 and 1998.
[F4]Exercise and sale of Employee Stock Options (right to buy) through an issuer approved 10b5(1) Sales Plan. The stock options were exercisable as to 25% of the total grant on August 18, 1995, 1996, 1997 and 1998.
[F5]Exercise and sale of Employee Stock Options (right to buy) through an issuer approved 10b5(1) Sales Plan. The stock options were exercisable as to 25% of the total grant on July 21, 2000 and thereafter as to 1/48th per month on the first of each month until fully vested on July 1, 2003.
[F6]Exercise and sale of Employee Stock Options (right to buy) through an issuer approved 10b5(1) Sales Plan. The stock options were exercisable as to 25% of the total grant on July 21, 2000 and thereafter as to 1/48th per month on the first of each month until fully vested on July 1, 2003.
[F7]Exercise and sale of Employee Stock Options (right to buy) through an issuer approved 10b5(1) Sales Plan. The stock options were exercisable as to 25% of the total grant on August 18, 1995, 1996, 1997 and 1998.
[F8]Represents number of issuer employee stock options (right to buy) held by the reporting person after the exercise and sale of the 9,293 shares in THIS transaction is deducted from previous total reported on Form 4 dated February 27, 2003.
[F9]Exercise and sale of Employee Stock Options (right to buy) through an issuer approved 10b5(1) Sales Plan. The stock options were exercisable as to 25% of the total grant on July 21, 2000 and thereafter as to 1/48th per month on the first of each month until fully vested on July 1, 2003.

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