Home/Filings/4/0000907303-05-000189
4//SEC Filing

PHOTOWORKS INC /WA 4

Accession 0000907303-05-000189

CIK 0000791050operating

Filed

Sep 1, 8:00 PM ET

Accepted

Sep 2, 5:27 PM ET

Size

10.0 KB

Accession

0000907303-05-000189

Insider Transaction Report

Form 4
Period: 2005-08-31
LASS MICHAEL F
VP, Operations
Transactions
  • Award

    Employee Stock Option (right to buy)

    2005-08-31$0.71/sh+141,000$100,110141,000 total
    Exercise: $0.71Exp: 2015-08-30Common Stock (141,000 underlying)
  • Other

    Employee Stock Option (right to buy)

    2005-08-31$0.71/sh+25,000$17,75025,000 total
    Exercise: $0.71Exp: 2007-11-26Common Stock (25,000 underlying)
Footnotes (2)
  • [F1](1) 25% of the option shares vest on the first anniversary of the grant date and the balance vest quarterly over three years.
  • [F2](2) On July 18, 2005 the common stock was split 5 for 1. In addition, the reporting person agreed to cancellation of an option previously granted in exchange for a new option having a lower exercise price.

Issuer

PHOTOWORKS INC /WA

CIK 0000791050

Entity typeoperating
IncorporatedWA

Related Parties

1
  • filerCIK 0000791050

Filing Metadata

Form type
4
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 5:27 PM ET
Size
10.0 KB