YAZDIAN AFSHIN M 4
4 · IPAYMENT INC · Filed Jan 23, 2004
Insider Transaction Report
Form 4
IPAYMENT INCIPMT
YAZDIAN AFSHIN M
Executive VP & General Counsel
Transactions
- Exercise of In-Money
Options
2004-01-22$0.86/sh−2,000$1,720→ 60,778 totalExercise: $0.86From: 2002-12-31Exp: 2011-05-22→ Common stock (2,000 underlying) - Exercise of In-Money
Common Shares
2004-01-22$0.86/sh+2,000$1,720→ 14,000 total
Holdings
- 32,389
Options
Exercise: $4.32From: 2003-01-01Exp: 2012-01-01→ Common stock (32,389 underlying) - 7,500
Options
Exercise: $16.00From: 2003-05-12Exp: 2013-05-12→ Common stock (7,500 underlying)
Footnotes (4)
- [F1]10,000 of the common shares were granted on January 14, 2004. These shares are restricted, non-transferable and subject to a substantial risk of forfeiture. The shares will vest in two years on January 14, 2006.
- [F2]The options were granted on May 22, 2001. All of the options became vested and exercisable on December 31, 2002.
- [F3]The options were granted on May 12, 2003 by the Issuer and vest over a four-year period.
- [F4]The options were granted on January 1, 2002, and vested in two equal installments (50% vested on January 1, 2003 and the other 50% vested on January 1, 2004).