PHASE FORWARD INC 4
4 · PHASE FORWARD INC · Filed Jun 19, 2006
Insider Transaction Report
Form 4
Buchler D Ari
SVP and General Counsel
Transactions
- Sale
Common Stock
2006-06-16$11.61/sh−6,000$69,660→ 50,000 total - Exercise/Conversion
Common Stock (Right to Buy)
2006-06-16$3.00/sh−6,000$18,000→ 23,000 totalExercise: $3.00From: 2001-04-01Exp: 2011-01-01→ Common Stock (6,000 underlying) - Exercise/Conversion
Common Stock
2006-06-16$3.00/sh+6,000$18,000→ 50,000 total
Footnotes (3)
- [F1]The sales reported on this form were made pursuant to a written trading plan adopted in accordance with SEC Rule 10b5-1 on March 9, 2006.
- [F2]This number reflects the number of securities beneficially owned after taking into account all of the reported transactions.
- [F3]This option is exercisable and vests over a four year period at an equal monthly rate of 2.08% beginning on the date listed in the table.