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4//SEC Filing

LIBERMAN GREGORY R 4

Accession 0000898432-09-000014

CIK 0001314475other

Filed

Jan 6, 7:00 PM ET

Accepted

Jan 7, 3:49 PM ET

Size

13.6 KB

Accession

0000898432-09-000014

Insider Transaction Report

Form 4
Period: 2009-01-05
LIBERMAN GREGORY R
President and COO
Transactions
  • Disposition to Issuer

    Employee Share Option (right to buy)

    2009-01-05107,0000 total
    Exercise: $4.06Exp: 2014-09-20Common Stock (107,000 underlying)
  • Disposition to Issuer

    Employee Share Option (right to buy)

    2009-01-05150,0000 total
    Exercise: $6.05Exp: 2013-12-04Common Stock (150,000 underlying)
  • Award

    Employee Share Option (right to buy)

    2009-01-05+357,000357,000 total
    Exercise: $3.00Exp: 2016-01-05Common Stock (357,000 underlying)
  • Disposition to Issuer

    Employee Share Option (right to buy)

    2009-01-05100,0000 total
    Exercise: $6.96Exp: 2009-10-25Common Stock (100,000 underlying)
Footnotes (8)
  • [F1]The option vested 6.25% quarterly from October 25, 2004.
  • [F2]On January 5, 2009 (the "Grant Date"), the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on October 25, 2004. In exchange, the reporting person received a replacement option on the Grant Date, for the same number of shares, having an exercise price of $3.00 per share.
  • [F3]The option vests 6.25% quarterly from November 27, 2006.
  • [F4]On January 5, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on December 4, 2006. In exchange, the reporting person received a replacement option on the Grant Date, for the same number of shares, having an exercise price of $3.00 per share.
  • [F5]The option provided for 25% of the options to vest on September 20, 2007 and 6.25% quarterly, thereafter.
  • [F6]On January 5, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on September 20, 2007. In exchange, the reporting person received a replacement option on the Grant Date, for the same number of shares, having an exercise price of $3.00 per share.
  • [F7]150,565 of the options will vest on January 5, 2010 and the remaining options will vest monthly in equal installments until four (4) years after the Grant Date.
  • [F8]On January 5, 2009, the issuer canceled, pursuant to the issuer's option exchange program, options previously granted to the reporting person as described in footnotes (2), (4) and (6) above. In exchange, the reporting person received replacement options on the Grant Date, for the same number of shares cancelled in the aggregate, having an exercise price of $3.00 per share.

Issuer

SPARK NETWORKS INC

CIK 0001314475

Entity typeother

Related Parties

1
  • filerCIK 0001276102

Filing Metadata

Form type
4
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 3:49 PM ET
Size
13.6 KB