Gibson Lawrence 4
4 · Banks.com, Inc. · Filed Apr 30, 2009
Insider Transaction Report
Form 4
Gibson Lawrence
Director
Transactions
- Award
Common Stock
2009-03-12+175,000→ 175,000 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-03-12−60,000→ 0 totalExercise: $1.60Exp: 2015-12-16→ Common Stock (60,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-03-12−15,000→ 0 totalExercise: $2.55Exp: 2017-03-22→ Common Stock (15,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-03-12−45,000→ 0 totalExercise: $0.41Exp: 2018-05-22→ Common Stock (45,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-03-12−45,000→ 0 totalExercise: $2.50Exp: 2017-04-26→ Common Stock (45,000 underlying)
Footnotes (5)
- [F1]On March 12, 2009, the issuer canceled, pursuant to the issuer's non-employee director option exchange program, options previously granted to the reporting person on December 16, 2005, March 22, 2007, April 26, 2007 and May 22, 2008 in exchange for the reporting stock, in the aggregate, pursuant to the issuer's Amended and Restated 2005 Equity Incentive Plan.
- [F2]The issuer canceled, pursuant to the issuer's Amended and Restated 2005 Equity Incentive Plan, on March 12, 2009 an option granted to the reporting person on December 16, 2005 which vested one-half immediately with the remaining one-half vesting one year from the date of grant.
- [F3]The issuer canceled, pursuant to the issuer's Amended and Restated 2005 Equity Incentive Plan, on March 12, 2009 an option granted to the reporting person on March 22, 2007 which was immediately exercisable.
- [F4]The issuer canceled, pursuant to the issuer's Amended and Restated 2005 Equity Incentive Plan, on March 12, 2009 an option granted to the reporting person on April 26, 2007 which vested in 1/24th increments on and after the first day of each calendar month following the initial date of the grant.
- [F5]The issuer canceled, pursuant to the issuer's Amended and Restated 2005 Equity Incentive Plan, on March 12, 2009 an option granted to the reporting person on May 22, 2008 which vested in 1/12th increments on and after the first day of each calendar month following the initial date of the grant.