EASYLINK SERVICES CORP 4
4 · EASYLINK SERVICES CORP · Filed Jun 23, 2005
Insider Transaction Report
Form 4
PETRILLO JOHN C
Director
Transactions
- Award
Stock Option
2005-06-21+20,000→ 40,000 totalExercise: $1.00From: 2005-06-21Exp: 2016-06-21→ Class A common stock (20,000 underlying)
Footnotes (1)
- [F1]The option vests 25% on the first anniversary of the date of grant and then 1/12th (8.33%) of the remaining amount quarterly over the three-year period after the first anniversary. If a change of control occurs and the director does not continue to serve as a director, all options that would have vested in the year in which the change occurs will immediately vest.