OPTIO SOFTWARE INC 4
4 · OPTIO SOFTWARE INC · Filed Mar 28, 2005
Insider Transaction Report
Form 4
OPTIO SOFTWARE INCOPTO.OB
O CALLAGAN PAUL
Senior Vice President of Sales
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2005-03-24$1.31/sh+50,000$65,500→ 300,000 totalExercise: $1.31Exp: 2015-03-24→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The stock options are exercisable pursuant to the following vesting schedule: (1) 12,500 options become exercisable as of March 24, 2006; (2) 12,500 options become exercisable as of March 24, 2007; (3) 12,500 options become exercisable as of March 24, 2008; and (4) 12,500 options become exercisable as of March 24, 2009.