DESPARD DAVID D 4
4 · FILENET CORP · Filed Aug 22, 2003
Insider Transaction Report
Form 4
FILENET CORPFILE
DESPARD DAVID D
SVP Global Prof. Services
Transactions
- Exercise/Conversion
Common Stock
2003-08-20$7.03/sh+12,500$87,875→ 12,700 total - Sale
Common Stock
2003-08-20$20.59/sh−4,800$98,832→ 7,900 total - Exercise/Conversion
Employee Stock Option (right to buy)
2003-08-20$7.03/sh−12,500$87,875→ 0 totalExercise: $7.03Exp: 2008-10-11→ Common Stock (12,500 underlying) - Sale
Common Stock
2003-08-20$20.57/sh−1,000$20,570→ 6,900 total - Sale
Common Stock0
2003-08-20$20.50/sh−6,700$137,350→ 200 total
Footnotes (2)
- [F1]The transactions covered by this Form 4 were completed pursuant to the Reporting Person's Rule 10b5-1 written trading plan dated July 28, 2003
- [F2]The option becomes exercisable in installments of twenty-five percent (25%) on the first anniversary of the grant date and 1/36 each month thereafter.