STEERMAN JOHN 4
4 · AUTOBYTEL INC · Filed Jan 28, 2013
Insider Transaction Report
Form 4
AUTOBYTEL INCABTL
STEERMAN JOHN
SVP, Lead & Web Product Dev
Transactions
- Award
Employee Stock Option (Right to Buy)
2013-01-24+8,594→ 8,594 totalExercise: $4.00Exp: 2020-01-24→ Common Stock (8,594 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 2013 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.