VERNON TODD H 4
4 · RAINDANCE COMMUNICATIONS INC · Filed Jan 4, 2006
Insider Transaction Report
Form 4
VERNON TODD H
Chief Technology Officer
Transactions
- Sale
Common Stock
2006-01-03$2.00/sh−25,000$50,000→ 465,973 total - Tax Payment
Common Stock
2005-12-30$2.04/sh−777$1,585→ 490,973 total
Footnotes (3)
- [F1]Shares surrendered to the Issuer in payment of tax liability pursuant to the partial vesting of a stock bonus award in the amount of 40,000 shares previously issued under the Issuer's 2000 Equity Incentive Plan.
- [F2]Includes 2,678 shares acquired in December of 2005 under the Issuer's 2000 Employee Stock Purchase Plan.
- [F3]These sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 1, 2005.