4//SEC Filing
MCGURK MICHAEL E 4
Accession 0000892712-03-000697
CIK 0000879796other
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 5:00 PM ET
Size
6.5 KB
Accession
0000892712-03-000697
Insider Transaction Report
Form 4
MCGURK MICHAEL E
VP Technology Operations
Transactions
- Disposition to Issuer
Stock Option
2003-11-19−7,500→ 0 totalExercise: $9.13Exp: 2010-01-13→ Common Stock (7,500 underlying) - Disposition to Issuer
Stock Option
2003-11-19−28,125→ 0 totalExercise: $9.00Exp: 2006-11-01→ Common Stock (28,125 underlying)
Footnotes (3)
- [F1]The option provided for vesting in four equal annual installments beginning on July 31, 1997.
- [F2]On November 19, 2003, the issuer canceled the option pursuant to the issuer's Offer to Exchange Outstanding Option Grants for New Option Grants to be issued no sooner than May 20, 2004. The reporting person will receive a new option covering 2/3 of the number of shares covered by the cancelled option. The per share exercise price of the new option grants will be the fair market value of ARI's common stock on the new option grant date based on the average of the closing bid and asked prices of the common stock on the new option grant date.
- [F3]The option provided for vesting in four equal annual installments beginning on July 31, 2000.
Documents
Issuer
ARI NETWORK SERVICES INC /WI
CIK 0000879796
Entity typeother
Related Parties
1- filerCIK 0001240271
Filing Metadata
- Form type
- 4
- Filed
- Nov 20, 7:00 PM ET
- Accepted
- Nov 21, 5:00 PM ET
- Size
- 6.5 KB