Gelber Matthew 4
4 · ARCHIPELAGO HOLDINGS INC · Filed Jul 1, 2005
Insider Transaction Report
Form 4
Gelber Matthew
Exe. Man. Director, Options
Transactions
- Award
Restricted Stock Units
[F1][F2][F3][F4]2005-06-30+1,547→ 1,547 totalExercise: $0.00→ Common Stock
Footnotes (4)
- [F1]Granted under the Archipelago Holdings, Inc. 2004 Stock Incentive Plan.
- [F2]Each RSU represents a right to receive one share of the Issuer's common stock upon vesting.
- [F3]The number of RSUs awarded to the Reporting Person was determined by dividing the sum of the total dollar value of compensation granted to the Reporting Person by $38.90 (the closing price of the issuer's common stock on the Arca Exchange on June 30, 2005).
- [F4]The RSUs are service-based and will vest on in four installments, each occurring on the anniversary of the date of grant (beginning on the first anniversary), in the amount of 10%, 20%, 30% and 40% respectively, subject to the Reporting Person's continued employment with the Company. Generally, unvested units will be cancelled upon the Reporting Person's resignation from or other termination of employment with the Company.
Signature
by Cynthia A. Lance under power of attorney for Matthew Gelber|2005-07-01