KURZWEIL APPLIED INTELLIGENCE INC /DE/ 4
4 · KURZWEIL APPLIED INTELLIGENCE INC /DE/ · Filed Dec 10, 1996
Insider Transaction Report
Form 4
DOHERTY THOMAS B
VICE PRESIDENT, CHIEF FINANCIAL OFFICER
Transactions
- Expiration (Short)
EMPLOYEE STOCK OPTION
[*]1996-07-31−50,000Exercise: $4.13→ COMMON STOCK (50,000 underlying)
Holdings
- 20,833
"
Exercise: $2.44→ " (20,833 underlying) - 29,167
"
Exercise: $2.44→ " (29,167 underlying) - 10,000
"
Exercise: $5.13→ " (10,000 underlying) - 7,500
"
Exercise: $2.44→ " (7,500 underlying) - 2,500
"
Exercise: $2.44→ " (2,500 underlying) - 20,000
"
Exercise: $4.50→ " (20,000 underlying) - 20,000
"
Exercise: $2.44→ " (20,000 underlying)
Footnotes (7)
- [*]Cancellation of an option in connection with the grant of replacement option(s), exempt under Rule 16b-3. (1) Exercisable in 12 equal quarterly installments commencing 12/31/94. (2) Exercisable in 5 equal quarterly installments commencing 9/30/96. (3) Exercisable in two equal installments on 7/31/97 and 7/31/98. (4) Exercisable in 20 equal quarterly installments commencing 7/31/95. (5) Exercisable in 15 equal quarterly installments commencing 10/31/96. (6) Exercisable in 16 equal quarterly installments commencing 7/31/97.
- [1]Exercisable in 12 equal quarterly installments commencing 12/31/94.
- [2]Exercisable in 5 equal quarterly installments commencing 9/30/96.
- [3]Exercisable in two equal installments on 7/31/97 and 7/31/98.
- [4]Exercisable in 20 equal quarterly installments commencing 7/31/95.
- [5]Exercisable in 15 equal quarterly installments commencing 10/31/96.
- [6]Exercisable in 16 equal quarterly installments commencing 7/31/97.