TITAN CORP 4
4 · TITAN CORP · Filed May 20, 2005
Insider Transaction Report
Form 4
TITAN CORPTTN
ALEXANDER MICHAEL B
Director
Transactions
- Sale
Common Stock
2005-05-18$20.00/sh−3,750$75,000→ 79,884 total(indirect: Bronto, Inc.) - Exercise/Conversion
Common Stock
2005-05-18$2.45/sh+7,500$18,405→ 51,676 total - Sale
Common Stock
2005-05-18$20.00/sh−7,500$150,000→ 44,176 total - Exercise/Conversion
Employee Stock Options (right to buy)
2005-05-18$2.45/sh−7,500$18,405→ 200,612 totalExercise: $2.45Exp: 2007-12-30→ Common Stock (7,500 underlying)
Holdings
- 4,000(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The reporting person is president of Bronto, Inc. and disclaims beneficial ownership of the shares held by such entity, except to the extent of his pecuniary interests therein.
- [F2]Amount carried forward from Form 4 previously filed by the reporting person on June 15, 2004.
- [F3]The shares underlying the stock option became fully exercisable December 30, 1997.