PINNACOR INC 4
4 · PINNACOR INC · Filed Jan 22, 2004
Insider Transaction Report
Form 4
PINNACOR INCPCOR
SCULLEY JOHN
Director
Transactions
- Disposition from Tender
Common Stock
2004-01-16−30,000→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2004-01-16−100,000→ 0 totalExercise: $1.91→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement between Pinnacor, Marketwatch and NMP, Inc. in exchange for either $2.42 per share, in cash, or .2659 shares of NMP, Inc. common stock, or a combination of both, depending on the elections of all the shareholders of Pinnacor.
- [F2]This option, which provided for 50% vesting on 3/2/03 and 50% vesting on 3/2/04, was assumed by Marketwatch in the merger and replaced with an option to purchase 26,590 shares of Marketwatch stock for $7.18 per share.
- [F3]The new stock options issued by Marketwatch in exchange for the previous Pinnacor options will expire on April 15, 2004.