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4//SEC Filing

LIGHTSPAN INC 4

Accession 0001179044-03-000164

CIK 0001097892operating

Filed

Nov 18, 7:00 PM ET

Accepted

Nov 19, 5:32 PM ET

Size

5.1 KB

Accession

0001179044-03-000164

Insider Transaction Report

Form 4
Period: 2003-11-17
Transactions
  • Disposition to Issuer

    Nonstatutory Stock Option (right to buy)

    2003-11-174,0000 total
    Exercise: $12.00Exp: 2012-11-19Common Stock (4,000 underlying)
Footnotes (1)
  • [F1]This option, which provided for one fourth of the shares subject to the option vesting on 11/20/03, 12 months from the grant date and 1/36th of the remaining shares subject to the option vesting monthly thereafter, was cancelled pursuant to a merger agreement between the Issuer and PLATO Learning, Inc. ("PLATO") in exchange for 785 shares of PLATO common stock, having a market value of $10.52 per share on the effective date of the merger.

Issuer

LIGHTSPAN INC

CIK 0001097892

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001097892

Filing Metadata

Form type
4
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 5:32 PM ET
Size
5.1 KB