CHESTER BAFFA 4
4 · OVERLAND STORAGE INC · Filed Nov 10, 2003
Insider Transaction Report
Form 4
CHESTER BAFFA
VP, Worldwide Sales
Transactions
- Exercise/Conversion
Common Stock
2003-11-07$7.50/sh+60,000$450,000→ 60,000 total - Sale
Common Stock
2003-11-07$19.99/sh−60,000$1,199,676→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2003-11-07−60,000→ 90,000 totalExercise: $7.50Exp: 2011-04-02→ Common Stock (60,000 underlying)
Footnotes (1)
- [F1]The option vests over a three-year period with one-third vesting on 4-2-02 and the remaining two-thirds vesting monthly over the next 24 months.