DISTEL DAVID J 4
4 · INTELLIGROUP INC · Filed Aug 4, 2004
Insider Transaction Report
Form 4
INTELLIGROUP INCITIG
DISTEL DAVID J
Chief Financial Officer
Transactions
- Award
Common Stock Options
2004-08-02+50,000→ 50,000 totalExercise: $3.99From: 2008-08-02Exp: 2014-08-02→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Represents options granted by the Issuer pursuant to 2004 Equity Incentive Award Plan.
- [F2]Such options will fully vest in the event Intelligroup's common stock trades above $10.00 for ten consecutive trading days. Otherwise, such options shall fully vest on August 2, 2008.
- [F3]Including prior option grants, the reporting person currently has options to purchase an aggregate of 250,000 shares of the Company's common stock at different exercise prices or expiration dates.