SAWCHAK RICHARD 4
4 · Paradigm Holdings, Inc · Filed Oct 24, 2008
Insider Transaction Report
Form 4
SAWCHAK RICHARD
Senior Vice President and CFO
Transactions
- Award
Common Stock
2008-10-21+175,000→ 575,000 total - Disposition to Issuer
Stock Option (right to buy)
2008-10-21−200,000→ 0 totalExercise: $1.70From: 2005-12-15Exp: 2015-12-15→ Common Stock (200,000 underlying) - Award
Stock Option (right to buy)
2008-10-21+200,000→ 200,000 totalExercise: $30.00From: 2008-10-21Exp: 2015-12-15→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Represents shares of restricted common stock that will vest on January 2, 2013.
- [F2]The two reported transactions involved an amendment of the exercise price of an outstanding option from $1.70 per share to $0.30 per share, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The "old" option was originally granted on December 15, 2005. The replacement option is fully vested.