SPARK NETWORKS INC·4

Sep 21, 8:48 PM ET

SPARK NETWORKS INC 4

4 · SPARK NETWORKS INC · Filed Sep 21, 2007

Insider Transaction Report

Form 4
Period: 2007-09-20
LIBERMAN GREGORY R
President and COO
Transactions
  • Disposition to Issuer

    Employee Share Option (right to buy)

    2007-09-2035,0000 total
    Exercise: $8.45Exp: 2012-02-03Common Stock (35,000 underlying)
  • Award

    Employee Share Option (right to buy)

    2007-09-20+107,000107,000 total
    Exercise: $4.06Exp: 2013-12-04Common Stock (107,000 underlying)
  • Disposition to Issuer

    Employee Share Option (right to buy)

    2007-09-2070,3120 total
    Exercise: $8.74Exp: 2012-08-31Common Stock (70,312 underlying)
Footnotes (6)
  • [F1]25% of the option vest on September 20, 2007 and the remaining shares will vest in equal amounts on a quarterly basis over the four year period following September 20, 2007.
  • [F2]The exercise price is 7.15 Euros and was converted to U.S. Dollars using the currency exchange rate in effect on the date of the option grant.
  • [F3]1/16th of the shares vest quarterly starting three months from the date of grant, which was August 31, 2005.
  • [F4]In consideration of options granted on September 20, 2007, the Reporting Person agreed to forfeit (a) 70,312 options originally granted on August 31, 2005 and (b) 35,000 options originally granted on February 3, 2005, all on September 20, 2007.
  • [F5]The exercise price is 6.52 Euros and was converted to U.S. Dollars using the currency exchange rate in effect onthe date of the option grant.
  • [F6]1/16th of the shares vest quarterly starting 3 months from the date of grant, which was February 3, 2005.

Documents

1 file
  • 4
    sparknet_liberman-form4ex.xmlPrimary