GALE ROGER I 4
4 · CALYPTE BIOMEDICAL CORP · Filed Jan 7, 2005
Insider Transaction Report
Form 4
GALE ROGER I
Director
Transactions
- Award
Non-Qualified Stock Option
2005-01-06+200,000→ 200,000 totalExercise: $0.31From: 2005-01-06Exp: 2015-01-06→ Common stock (200,000 underlying)
Footnotes (1)
- [F1]Non-qualified stock option represents right to purchase. Under the provisions of the Calypte Biomedical Corporation 1995 Director Option Plan, the option vests at the rate of 16,667 shares per month for the twelve months following the January 6, 2005 date of grant, provided that it shall become vested and fully exercisable on the date of the Company's next Annual Meeting of Stockholders if such meeting occurs less than one year after the date of grant.