Lind Stephen D 4
4 · AUTOBYTEL INC · Filed Jan 24, 2011
Insider Transaction Report
Form 4
AUTOBYTEL INCABTL
Lind Stephen D
EVP, Corporate Development
Transactions
- Award
Employee Stock Option (Right to Buy)
2011-01-20+123,315→ 123,315 totalExercise: $0.96Exp: 2018-01-20→ Common Stock (123,315 underlying)
Footnotes (1)
- [F1]Grant to reporting person of options to buy shares of common stock in transaction exempt under Rule 16b-3. Options have two vesting criteria: (i) percentage achievement of Company performance goals based on 2011 revenues and EBITDA; and (ii) subject to achievement of Company performance goals, time-based vesting, with 1/3rd of options vesting on the first anniversary of the grant date and 1/36 of options vesting at the end of each successive monthly anniversary thereafter for the following 24 months ending on the third anniversary of the grant date.