COLABRESE ROBERT K 4
4 · GLOBAL AXCESS CORP · Filed Jan 9, 2006
Insider Transaction Report
Form 4
COLABRESE ROBERT K
Director
Transactions
- Other
Stock Options
2004-12-01$1.30/sh+16,500$21,450→ 16,500 totalExercise: $1.30From: 2005-12-15Exp: 2009-12-01→ Common Stock (16,500 underlying)
Holdings
- 40,000
Stock Options
Exercise: $0.90From: 2005-06-18Exp: 2007-06-18→ Common Stock (40,000 underlying) - 5,000
Stock Options
Exercise: $0.68From: 2004-10-23Exp: 2006-10-23→ Common Stock (5,000 underlying) - 156,154
Common Stock, $.001 par value
- 54,000
Stock Options
Exercise: $1.70From: 2004-12-31Exp: 2008-10-24→ Common Stock (54,000 underlying)
Footnotes (4)
- [F1]On December 1, 2004, Robert Colabrese received a stock option to purchase 60,000 shares of common stock, which vested based on performance criteria. On December 15, 2005, 16,500 shares of common stock vested and the remaining 43,500 terminated.
- [F2]On October 24, 2003, Robert Colabrese received a stock option to purchase 60,000 shares of common stock, which vested based on performance criteria. On December 31, 2004, 54,000 shares of common stock vested and the remaining 6,000 terminated.
- [F3]Option is exercisable during the term of Robert Colabrese's employment in four (4) installments of twenty-five percent (25%) of the Shares covered by this Option, the first installment to be exercisable on 6/18/2002 (the "Initial Vesting Date"), with an additional twenty-five percent (25%) of such Shares becoming exercisable on each of the three (3) successive twelve (12) month periods following the Initial Vesting Date. The installments are cumulative (i.e., this option may be exercised, as to any or all Shares covered by an installment, at any time or times after an installment becomes exercisable and until expiration of termination of this option).
- [F4]Option is exercisable during the term of Robert Colabrese's employment in four (4) installments of twenty-five percent (25%) of the Shares covered by this Option, the first installment to be exercisable on 10/23/2001 (the "Initial Vesting Date"), with an additional twenty-five percent (25%) of such Shares becoming exercisable on each of the three (3) successive twelve (12) month periods following the Initial Vesting Date. The installments are cumulative (i.e., this option may be exercised, as to any or all Shares covered by an installment, at any time or times after an installment becomes exercisable and until expiration of termination of this option).