CAREADVANTAGE INC 4
4 · CAREADVANTAGE INC · Filed Jun 1, 2005
Insider Transaction Report
Form 4
NOONE DAVID G
Director
Transactions
- Disposition to Issuer
Stock Option
2005-05-27−400,000→ 0 totalExercise: $0.03From: 2000-01-08Exp: 2009-01-08→ Common Stock (400,000 underlying) - Award
Amended Stock Option
2005-05-27+400,000→ 400,000 totalExercise: $0.01From: 2005-05-27Exp: 2009-01-08→ Common Stock (400,000 underlying) - 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)
Footnotes (3)
- [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 8, 1999 and vested subject to predefined performance standards.
- [F2]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 February 15, 2001 and provides for vesting as follows: options became exercisable in 36 equal monthly installments beginning on March 15, 2001.
- [F3]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.