PELINO DENNIS L 4
4 · STONEPATH GROUP INC · Filed Jan 26, 2004
Insider Transaction Report
Form 4
PELINO DENNIS L
Director
Transactions
- Award
Employee Stock Options (right to buy)
2004-01-23+550,000→ 550,000 totalExercise: $3.05Exp: 2014-01-23→ Common stock (550,000 underlying)
Footnotes (2)
- [F1]One third of the Options vest on the grant date; one third vest on the first anniversary of the grant date and the remaining one third vest on the second anniversary of the grant date; each based upon continued employment with the Company through the respective vesting dates.
- [F2]Excludes options to purchase 400,000 shares of common stock granted March 10, 2003; options to purchase 300,000 shares of common stock granted March 10, 2003; options to purchase 1,900,000 shares of common stock granted July 3, 2002; and options to purchase 1,800,000 shares of common stock granted on July 21, 2001.