ROTHSTEIN CHARLES 4
4 · MIVA, INC. · Filed Jun 16, 2006
Insider Transaction Report
Form 4
MIVA, INC.MIVA
ROTHSTEIN CHARLES
Director
Transactions
- Tax Payment
Common Stock
2006-06-14$3.78/sh−1,543$5,833→ 23,301 total - Award
Common Stock
2006-06-14+10,582→ 24,844 total
Holdings
- 1,106,279(indirect: Shares held by Global Rights Fund II, L.P., an affiliate of Mr. Rothstein)
Common Stock
Footnotes (3)
- [F1]Common stock represents the underlying security of restricted stock units granted to the reporting person, each restricted stock unit representing a contingent right to receive one share of MIVA, Inc. common stock. The restricted stock units vest as follows: 4,409 restricted stock units vest immediately and the remaining 6,173 restricted stock units vest in seven equal monthly installments. Any restricted stock units that are unvested as of the date of termination of service as a director are automatically forfeited in accordance with the restricted stock unit agreement.
- [F2]Shares withheld by MIVA, Inc. to satisfy the individual's withholding taxes payable upon vesting of restricted stock units.
- [F3]The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.