ELECTRONIC CLEARING HOUSE INC 4
4 · ELECTRONIC CLEARING HOUSE INC · Filed Jan 3, 2007
Insider Transaction Report
Form 4
SLATER RICK
Vice President
Transactions
- Other
employee stock option (right to buy)
2006-12-29+0→ 31,500 totalExp: 2010-12-20→ common stock
Holdings
- 14,500
common
Footnotes (2)
- [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 2,500 shares on December 20, 2000 at an exercise price of $2.84 and provided for vesting in five equal annual installments commencing on December 20, 2001. The amendment increased the exercise price to $3.36 with respect to 500 shares underlying the original grant that vests on or after January 1, 2005.
- [F2]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 2,500 shares on December 9, 2002 at an exercise price of $1.30 and provided for vesting in five equal annual installments commencing on December 9, 2003. The amendment increased the exercise price to $2.10 with respect to 1,500 shares underlying the original grant that vests on or after January 1, 2005.