GRAPHON CORP/DE·4

Jan 31, 4:11 PM ET

DILWORTH ROBERT 4

4 · GRAPHON CORP/DE · Filed Jan 31, 2005

Insider Transaction Report

Form 4
Period: 2005-01-27
DILWORTH ROBERT
DirectorCEO and Chariman
Transactions
  • Award

    Employee Stock Option

    2005-01-27$0.43/sh+200,000$86,000200,000 total
    Exercise: $0.43From: 2005-01-27Exp: 2015-01-27Common Stock (200,000 underlying)
Footnotes (1)
  • [F1]The option is immediately exercisable, subject to the repurchase of the option shares by the issuer at the exercise price upon the Reporting Person's termination of service prior to full vesting. The repurchase right lapses and the option vests in 33 equal monthly installments beginning on April 27, 2005.

Documents

1 file
  • 4
    form4_dilworth-13105ex.xmlPrimary