VSOURCE INC 4
4 · VSOURCE INC · Filed Aug 23, 2005
Insider Transaction Report
Form 4
VSOURCE INCVSCE
Parker Todd
DirectorCo-Chief Executive Officer
Transactions
- Award
Common Stock
2005-08-18+350,000→ 350,000 total
Footnotes (1)
- [F1]On August 18, 2005, the Board of Directors of Vsource, Inc. ("Company") approved an employment agreement dated as of July 18, 2005 (the "Employment Agreement") between Mr. Parker and Vsource (USA) Inc., a Delaware company and wholly owned subsidiary of the Company. Under the Employment Agreement, Mr. Parker was granted 350,000 shares of the Company's common stock, par value $0.01 per share. These shares are fully vested, but will be restricted and subject to a restricted stock award to be entered into between the Company and Mr. Parker.