CAREADVANTAGE INC 4
4 · CAREADVANTAGE INC · Filed Jun 1, 2005
Insider Transaction Report
Form 4
MCDONNELL DAVID J
Director10% Owner
Transactions
- Award
Stock Option
2005-05-27+1,850,000→ 1,850,000 totalExercise: $0.01From: 2006-05-25Exp: 2015-05-25→ Common Stock (1,850,000 underlying) - Disposition to Issuer
Stock Option
2005-05-27−300,000→ 0 totalExercise: $0.08From: 2000-01-26Exp: 2009-01-26→ Common Stock (300,000 underlying) - Award
Amended Stock Option
2005-05-27+300,000→ 300,000 totalExercise: $0.01From: 2005-05-27Exp: 2009-01-26→ Common Stock (300,000 underlying)
Footnotes (2)
- [F1]Amendment of outstanding option resulting in deemed cancellation of option and grant of replacement option at a lower exercise price of $.01 per share. The option was originally granted on January 26, 1999 and provides for the following vesting schedule: options to purchase 66,666 shares became exercisable on January 26, 2000, and options to purchase the remaining 133,334 shares became exercisable in 24 equal amounts beginning on February 26, 2000 and the 26th day of the following 23 months.
- [F2]One third of the option becomes exercisable on May 25, 2006; 2/3 of the option becomes exercisable in 24 equal monthly amounts beginning on June 25, 2006, and on the 25th day on the following 23 months.