SWAIN WILLIAM 4
4 · GRAPHON CORP/DE · Filed Jan 31, 2005
Insider Transaction Report
Form 4
GRAPHON CORP/DEGOJO.OB
SWAIN WILLIAM
CFO and Secretary
Transactions
- Award
Employee Stock Option
2005-01-27$0.43/sh+38,787$16,678→ 38,787 totalExercise: $0.43From: 2005-01-27Exp: 2015-01-27→ Common Stock (38,787 underlying) - Award
Employee Stock Option
2005-01-27$0.43/sh+121,213$52,122→ 121,213 totalExercise: $0.43From: 2005-01-27Exp: 2015-01-27→ Common Stock (121,213 underlying)
Footnotes (2)
- [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 eleven (11) equal monthly installments beginning on January 27, 2005.
- [F2]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 twenty-five (25) equal monthly installments beginning on January 27, 2006.