OBRIEN RICK JUSTIN 4
4 · HOME SOLUTIONS OF AMERICA INC · Filed Dec 15, 2004
Insider Transaction Report
Form 4
OBRIEN RICK JUSTIN
Senior Vice President
Transactions
- Disposition to Issuer
Employee Stock Option(right to purchase)
2004-12-13−250,000→ 0 totalExercise: $2.00Exp: 2013-07-31→ Common Stock (250,000 underlying) - Award
Employee Stock Option(right to purchase)
2004-12-13+250,000→ 250,000 totalExp: 2013-07-31→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]Amendment of outstanding options to adjust exercise prices resulted in deemed cancellation of options and grant of replacement options. The options were originally granted on July 31, 2003, and December 2, 2003, respectively, and provide for vesting in 36 equal monthly installments that commenced one month after the date of grant. The original exercise price of $2.00 per share for all shares that could be purchased under the original options was revised to $1.50 per share for the first 1/3 of the shares purchased, $1.75 per share for the next 1/3, and $2.00 per share for the final portion of the options.