PURELLO STEVE 4
4 · WORKSTREAM INC · Filed Feb 18, 2009
Insider Transaction Report
Form 4
WORKSTREAM INCWSTM
PURELLO STEVE
CHIEF EXECUTIVE OFFICER
Transactions
- Purchase
Common Shares
2009-02-13$0.12/sh+40,000$4,880→ 881,600 total - Purchase
Common Shares
2008-12-31$0.04/sh+100,000$3,960→ 841,600 total - Purchase
Common Shares
2008-12-31$0.04/sh+100,000$4,000→ 741,600 total - Purchase
Common Shares
2005-11-04$1.29/sh+500$645→ 641,600 total - Purchase
Common Shares
2005-04-15$1.97/sh+200$394→ 641,100 total - Purchase
Common Shares
2005-04-15$2.05/sh+500$1,025→ 640,900 total - Purchase
Common Shares
2001-10-02$2.54/sh+400$1,016→ 640,400 total - Award
Stock Option (Right to Buy)
2007-12-06$0.71/sh+400,000$284,000→ 640,000 totalExercise: $0.71Exp: 2012-12-06→ Common Stock (400,000 underlying) - Award
Restricted Stock Units
2007-12-06+100,000→ 240,000 totalExp: 2012-12-06→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of WSTM common stock.
- [F2]This option vests equally 1/3 per year for 3 years starting from grant date.
- [F3]This Restricted Stock Unit vests equally 1/3 per year for 3 years starting from grant date.
- [F4]In the event of a change of control of 6Figurejobs and/or Allen and Associates Mr. Purello would be entitled to receive 5% of the proceeds from the sale and will return all his stock options or he may retain the stock options and forfeit the 5%.