COSTELLO JOSEPH BALL 4

4 · ZAMBA CORP · Filed Jan 21, 2004

Form 4

Period: 2004-01-20

Director10% Owner

Transactions

Award
Option to purchase common stock
2004-01-20$0.18/sh+11,500$2,070→ 158,417 total
Exercise: $0.18From: 2003-12-15Exp: 2013-12-15→ Common Stock (11,500 underlying)
Award
Option to purchase common stock
2004-01-20$0.18/sh+5,750$1,035→ 158,417 total
Exercise: $0.18From: 2003-12-15Exp: 2013-12-15→ Common Stock (5,750 underlying)
Award
Option to purchas common stock
2004-01-20$0.18/sh+129,667$23,340→ 158,417 total
Exercise: $0.18From: 2003-12-15Exp: 2013-12-15→ Common Stock (129,667 underlying)

Footnotes (7)

[F1]Granted in exchange for cancellation on June 12, 2003, of options to purchase 506,000 shares of common stock
[F2]Granted in exchange for cancellation on June 12, 2003, of an option to purchase 23,000 shares of common stock.
[F3]Exercisable upon grant, subject to vesting as to 43.75% on December 15, 2003 and an additional 6.25% on the last day of each calendar quarter thereafter.
[F4]Granted in exchange for cancellation on June 12, 2003, of an option to purchase 23,000 shares of common stock
[F5]Exercisable upon grant, subject to vesting as to 18.75% on December 15, 2003 and an additional 6.25% on the last day of each calendar quarter thereafter.
[F6]Granted in exchange for cancellation on June 12, 2003, of an option to purchase 23,000 shares of common stock
[F7]Exercisable upon grant, subject to vesting as to 68.75% on December 15, 2003 and an additional 6.25% on the last day of each calendar quarter thereafter.

Documents

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