SALON MEDIA GROUP INC 4

4 · SALON MEDIA GROUP INC · Filed Feb 8, 2005

Form 4

Period: 2005-02-07

Senior VP - Sales

Transactions

Award
Options to Purchase
2000-11-07$1.38/sh+7,500$10,350→ 7,500 total
Exercise: $1.38From: 2001-11-07Exp: 2010-11-07→ Common Stock (7,500 underlying)
Award
Options to Purchase
2000-01-25$8.50/sh+10,000$85,000→ 10,000 total
Exercise: $8.50From: 2001-01-25Exp: 2010-01-25→ Common Stock (10,000 underlying)
Award
Options to Purchase
2001-03-22$0.37/sh+7,500$2,775→ 7,500 total
Exercise: $0.37From: 2002-03-22Exp: 2011-03-22→ Common Stock (7,500 underlying)
Award
Options to Purchase
1999-04-08$2.92/sh+7,292$21,293→ 7,292 total
Exercise: $2.92From: 2000-04-08Exp: 2009-04-08→ Common Stock (7,292 underlying)
Award
Options to Purchase
2000-08-17$2.00/sh+8,000$16,000→ 8,000 total
Exercise: $2.00From: 2001-08-17Exp: 2010-08-17→ Common Stock (8,000 underlying)
Award
Options to Purchase
2001-03-22$0.37/sh+7,352$2,720→ 7,352 total
Exercise: $0.37From: 2002-03-22Exp: 2011-03-22→ Common Stock (7,352 underlying)
Award
Options to Purchase
2001-05-03$0.35/sh+12,500$4,375→ 12,500 total
Exercise: $0.35From: 2002-05-03Exp: 2011-05-03→ Common Stock (12,500 underlying)
Award
Options to Purchase
2001-10-24$0.14/sh+12,500$1,750→ 75,000 total
Exercise: $0.14From: 2002-10-24Exp: 2011-10-24→ Common Stock (75,000 underlying)
Award
Options to Purchase
2005-02-07$0.14/sh+1,000,000$140,000→ 1,000,000 total
Exercise: $0.14From: 2005-02-07Exp: 2015-02-07→ Common Stock (1,000,000 underlying)

Holdings

Footnotes (6)

[F1]Option to Purchase granted pursuant to the Salon Internet, Inc. 1995 Stock Option Plan.
[F2]The option is exercisable to the extent shares are vested. 25% of such shares vest after one year, and 2.0833% vest monthly thereafter, provided that the Reporting Person continues to be employed or otherwise retained by the Issuer.
[F3]The option is exercisable to the extent shares are vested. 100% of such shares vest after one year.
[F4]The option is exercisable to the extent shares are vested. 33% of such shares vest after one year, and 2.7778% vest monthly thereafter, provided that the Reporting Person continues to be employed or otherwise retained by the Issuer.
[F5]Option to Purchase granted pursuant to the Salon Media Group, Inc. 2004 Stock Plan.
[F6]The option is exercisable to the extent shares are vested. 50% of such shares vested on the date of the grant and 50% vest after one year, provided that the Reporting Person continues to be employed or otherwise retained by the Issuer.

Documents

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