NGUYEN PATRICK P 4
4 · LIBERATE TECHNOLOGIES · Filed Jan 18, 2005
Insider Transaction Report
Form 4
NGUYEN PATRICK P
Exec VP-Corporate Development
Transactions
- Exercise/Conversion
Common Stock
2005-01-15+18,750→ 25,979 total - Tax Payment
Common Stock
2005-01-15$2.45/sh−8,068$19,767→ 17,911 total - Exercise/Conversion
Stock Units
2005-01-15−18,750→ 120,000 total→ Common Stock (18,750 underlying)
Footnotes (3)
- [F1]Each unit is convertible into one share of common stock.
- [F2]The stock units were granted under the Liberate 1999 Equity Incentive Plan. The award will vest as to 7.5% of the units on July 15, 2004, and will vest as to 12.5% of the units on January 15th and July 15th of each year until January 15, 2008. The remainder of the units will vest on July 15, 2008. The vesting of the award will accelerate under certain circumstances.
- [F3]The award will expire upon termination of employment or on the final vesting date.