ELECTRONIC CLEARING HOUSE INC 4
4 · ELECTRONIC CLEARING HOUSE INC · Filed Jan 3, 2007
Insider Transaction Report
Form 4
SHANKAR SHARAT
Senior Vice President
Transactions
- Other
employee stock option (right to buy)
2006-12-29+0→ 96,000 totalExp: 2013-05-27→ common stock
Holdings
- 0
common
Footnotes (1)
- [F1]The reported transaction involves an amendment of an outstanding stock option to correct an error in the original grant. The option was originally granted with respect to 50,000 shares on May 27, 2003 at an exercise price of $3.25 and provided for vesting in five equal annual installments commencing on May 27, 2004. The amendment increased the exercise price to $3.96 with respect to 40,000 shares underlying the original grant that vests on or after January 1, 2005.