TENFOLD CORP /UT 4
4 · TENFOLD CORP /UT · Filed Apr 7, 2004
Insider Transaction Report
Form 4
TENFOLD CORP /UTTENF
WALKER JEFFREY L
DirectorChairman, Chief Tech. Officer10% Owner
Transactions
- Award
Employee Stock Option (right to buy)
2003-01-29$0.23/sh+1,000,000$230,000→ 1,000,000 totalExercise: $0.23Exp: 2013-01-29→ Common Stock (1,000,000 underlying)
Footnotes (2)
- [F1]The options vest as follows: 500,000 shares vest on the grant date; 125,000 shares vest on the first anniversary of the grant date; and the remainder vests quarterly thereafter in equal installments of 31,250 each. Options shall be exercisable for ten years from the grant date, including vested (but not unvested) options after a departure from TenFold.
- [F2]Reflects total amount of employee stock options held by reporting person as of 1/29/2003 (including this reported transaction).