Ryan Louis E 4
4 · ST. BERNARD SOFTWARE, INC. · Filed Jan 21, 2010
Insider Transaction Report
Form 4
ST. BERNARD SOFTWARE, INC.SBSW.OB
Ryan Louis E
DirectorCEO and CFO
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2010-01-19+100,000→ 680,000 totalExercise: $0.20Exp: 2020-01-19→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]The shares vest over a three (3) year period, with 1/3rd vesting on the first anniversary date of the grant and 2/3rd vesting over the remaining two (2) years on a monthly basis thereafter (such stock options to vest on the first day of each month thereafter until such stock options are vested in full), and exercisable at the closing price of the Company's common stock on January 19, 2010.