LERMAN STEVEN 4
4 · WESTWOOD ONE INC /DE/ · Filed Jan 6, 2004
Insider Transaction Report
Form 4
LERMAN STEVEN
Director
Transactions
- Exercise/Conversion
common stock
2004-01-05$13.00/sh+20,000$260,000→ 20,000 total - Exercise/Conversion
stock option
2004-01-05$34.50/sh−18,500$638,250→ 1,500 totalExercise: $13.00From: 1999-06-16Exp: 2008-06-16→ common stock (18,500 underlying) - Sale
common stock
2004-01-05$34.54/sh−200$6,908→ 1,300 total - Sale
common stock
2004-01-05$34.50/sh−18,500$638,250→ 1,500 total - Exercise/Conversion
stock option
2004-01-05$34.54/sh−200$6,908→ 1,300 totalExercise: $13.00From: 1999-06-16Exp: 2008-06-16→ common stock (200 underlying) - Sale
common stock
2004-01-05$34.53/sh−1,300$44,889→ 0 total - Exercise/Conversion
stock option
2004-01-05$34.53/sh−1,300$44,889→ 0 totalExercise: $13.00From: 1999-06-16Exp: 2008-06-16→ common stock (1,300 underlying)
Footnotes (1)
- [F1]Option to buy 20,000 shares of Westwood One, Inc. common stock that became exercisable in equal one-fifth increments on June 16, 1999, 2000, 2001, 2002, and 2003.