ASK JEEVES INC 4
4 · ASK JEEVES INC · Filed Jul 30, 2003
Insider Transaction Report
Form 4
ASK JEEVES INCASKJ
STAPLES HEATHER
VP Mktg and Communications
Transactions
- Award
Stock Option (Right to Buy)
2003-04-01$6.93/sh+50,000$346,500→ 50,000 totalExercise: $6.93From: 2003-05-01Exp: 2013-04-01→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The Shares shall vest in a series of forty-eight (48) successive equal monthly installments upon Optionholder's completion of each additional month of Continuous Service over the forty-eight (48) month period measured from the Vesting Commencement Date. Any unvested options in this grant would accelerate by 12 additional months of vesting if a Double Trigger event occurs. Double Trigger is defined as follows: Sale of the Company and termination without cause within 12 months of sale.