Jones Jeffrey W 4
4 · BIOLASE TECHNOLOGY INC · Filed Jan 10, 2006
Insider Transaction Report
Form 4
Jones Jeffrey W
President and CEO
Transactions
- Award
Employee Stock Option (right to buy)
2005-12-29+50,000→ 50,000 totalExercise: $8.11Exp: 2015-12-28→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The option originally provided for vesting to occur on a quarterly basis over a three-year period from the date of grant. In connection with a Resale Restriction Agreement dated as of 12-29-05 between the reporting person and the issuer, the option was accelerated and became fully vested on that date, however, the underlying shares cannot be sold before such time as vesting would have otherwise taken place.