JEFFRIES PATRICK W 4

4 · MEDIX RESOURCES INC · Filed Aug 13, 2003

Form 4

Period: 2003-07-10

Director

Transactions

Award
Common Stock
2003-07-10+500,000→ 877,500 total
Award
Stock Option (Right to Buy)
2001-07-24+200,000→ 200,000 total
Exercise: $0.78From: 1988-08-08Exp: 2011-07-24→ Common Stock (200,000 underlying)
Award
Stock Option (Right to Buy)
2003-07-10+500,000→ 500,000 total
Exercise: $0.34From: 1988-08-08Exp: 2008-07-10→ Common Stock (500,000 underlying)
Other
Common Stock Warrant (Right to Buy)
2002-12-20+375,000→ 375,000 total
Exercise: $0.30From: 2002-12-20Exp: 2008-07-01→ Common Stock (375,000 underlying)
Other
Common Stock Warrant (Right to Buy)
2002-05-28+62,500→ 62,500 total
Exercise: $0.30From: 2002-05-28Exp: 2007-09-01→ Common Stock (62,500 underlying)
Award
Stock Option (Right to Buy)
2003-07-10+800,000→ 800,000 total
Exercise: $0.34From: 2004-09-01Exp: 2008-07-10→ Common Stock (800,000 underlying)
Gift
Common Stock
2003-01-15−60,000→ 377,500 total
Award
Stock Option (Right to Buy)
2002-01-22+40,000→ 40,000 total
Exercise: $0.70From: 1988-08-08Exp: 2007-01-22→ Common Stock (40,000 underlying)
Award
Stock Option (Right to Buy)
2002-11-20+1,240,000→ 1,240,000 total
Exercise: $0.69From: 1988-08-08Exp: 2007-11-20→ Common Stock (1,240,000 underlying)

Footnotes (6)

[F1]Stock option granted under the issuer's 1999 Stock Option Plan.
[F2]100,000 shares vested upon grant and 100,000 shares vested on 8/21/01.
[F3]Option vested as to 10,000 shares quarterly beginning 4/22/02.
[F4]The option vests as follows: (i) 520,000 shares upon grant, (ii) 240,000 on each of 04/01/03 and 10/1/03 provided reporting person is Chairman of the issuer's Board on such dates, and (iii) 480,000 on each achievement of two performance criteria of the issuer.
[F5]Stock option granted under the issuer's 2003 Stock Incentive Plan. Option vests in four equal installments beginning three months from the date of grant and each three months thereafter.
[F6]Stock option granted under the issuer's 2003 Stock Incentive Plan provided the reporting person is active on the issuer's Board on 9/1/04.

Documents

1 file