CYBERGUARD CORP 4
4 · CYBERGUARD CORP · Filed Dec 6, 2004
Insider Transaction Report
Form 4
CYBERGUARD CORPCGFW
WITTIG MICHAEL G
CTO/VP Development
Transactions
- Exercise/Conversion
COMMON STOCK
2004-11-29$4.25/sh+5,000$21,250→ 153,438 total - Award
OPTION TO PURCHASE
2004-12-02$6.29/sh+20,000$125,800→ 20,000 totalExercise: $6.29Exp: 2014-12-01→ Common Stock (20,000 underlying) - Exercise/Conversion
OPTION TO PURCHASE
2004-11-29$4.25/sh−5,000$21,250→ 5,000 totalExercise: $4.25Exp: 2004-12-07→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]THE OPTION VESTS IN 4 EQUAL ANNUAL INCREMENTS OF 25% EACH, BEGINNING ON DECEMBER 2, 2005.
- [F2]THE OPTION VESTED IN 3 EQUAL ANNUAL INCREMENTS ON DECEMBER 8, 2000, 2001 AND 2002.
- [F3]INCLUDES 17,232 SHARES ACQUIRED UNDER THE ISSUER'S 401K PLAN AND 2,758 SHARES ACQUIRED UNDER THE ISSUER'S STOCK PURCHASE PLAN.