TORINO ROBERT S 4
4 · IPAYMENT INC · Filed Jan 15, 2004
Insider Transaction Report
Form 4
IPAYMENT INCIPMT
TORINO ROBERT S
Executive Vice President
Transactions
- Award
Common stock
2004-01-14+10,000→ 286,324 total
Holdings
- 20,000
Options
Exercise: $16.00From: 2003-05-12Exp: 2013-05-12→ Common stock (20,000 underlying)
Footnotes (2)
- [F1]The common shares awarded on January 14, 2004 are restricted shares that are non-transferable and subject to a substantial risk of forfeiture. The restricted shares will vest in two years on January 14, 2006.
- [F2]The options were granted on May 12, 2003 by the Issuer and vest over a four-year period.