COMTEX NEWS NETWORK INC 4
4 · COMTEX NEWS NETWORK INC · Filed May 24, 2005
Insider Transaction Report
Form 4
COMTEX NEWS NETWORK INCCMTX.OB
BRIAN CHIP
President and COO
Transactions
- Award
Stock Options
2005-05-20+250,000→ 250,000 totalExercise: $0.17From: 2005-07-01Exp: 2015-07-01→ Common Stock (250,000 underlying) - Award
Stock Options
2004-09-08+250,000→ 250,000 totalExercise: $0.12From: 2004-09-08Exp: 2014-09-08→ Common Stock (250,000 underlying)
Holdings
- 0
Common stock
Footnotes (2)
- [F1]100,000 shares of common stock vest immediately and the remaining 150,000 shares of common stock vest a rate of 30% per quarter beginning on April 1, 2005.
- [F2]The stock options will vest in equal quarterly installments over a two year period beginning on July 1, 2005.