LESSER CHARLES A 4
4 · TRUE RELIGION APPAREL INC · Filed May 27, 2005
Insider Transaction Report
Form 4
LESSER CHARLES A
Other
Transactions
- Exercise of In-Money
common
2005-05-25$0.48/sh+125,000$60,000→ 225,000 total - Exercise of In-Money
stock options
2005-05-05$0.48/sh−125,000$60,000→ 375,000 totalExercise: $0.48From: 2003-07-19Exp: 2008-07-18→ common (125,000 underlying)
Holdings
- 500,000
stock options
Exercise: $0.77From: 2004-07-22Exp: 2009-07-22→ common (200,000 underlying)
Footnotes (1)
- [F1]The options vest as to 1/3 of the number of options on the date of grant, 1/3 of the number of options 12 months from the date of grant and the final 1/3 of the number of options 24 months from the date of grant.