ELECTRONIC CLEARING HOUSE INC 4
4 · ELECTRONIC CLEARING HOUSE INC · Filed Jan 3, 2007
Insider Transaction Report
Form 4
WILLIAMS PATRICIA
Sr. Vice President
Transactions
- Other
employee stock option (right to buy)
2006-12-29+0→ 70,000 totalExp: 2012-12-09→ common stock
Holdings
- 6,675
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 15,000 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 6,000 shares underlying the original grant that vests on or after January 1, 2005.