GENERAL DATACOMM INDUSTRIES INC 4
4 · GENERAL DATACOMM INDUSTRIES INC · Filed Oct 2, 2003
Insider Transaction Report
Form 4
GRAY GEORGE
VP, Operations & CTO
Transactions
- Award
Employee stock options (right to buy)
2003-09-30+10,000→ 10,000 totalExercise: $4.00From: 2004-09-30Exp: 2008-09-29→ common stock (10,000 underlying) - Award
Conditional Stock award
2003-09-30+25,000→ 25,000 totalExercise: $0.01From: 2003-09-30Exp: 2006-03-31→ common stock (25,000 underlying)
Footnotes (2)
- [F1]This option vests in four equal annual installments beginning on September 30, 2004, and expires five years from date of grant.
- [F2]This is a conditional Stock award which is exercisable at $.01 a share at any time on or prior to 3-31-06.