KEANE INC 4
4 · KEANE INC · Filed Dec 17, 2004
Insider Transaction Report
Form 4
KEANE INCKEA
Transactions
- Award
Common Stock
2004-12-15$0.10/sh+15,000$1,500→ 45,494 total - Award
Stock Option
2004-12-15$15.35/sh+50,000$767,500Exercise: $15.35Exp: 2014-12-15→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Each option vests in a single installment on the fifth anniversary of the date of grant. The vesting of the stock options will be automatically accelerated upon the achievement of certain cash earnings per share ("CEPS") targets. Specifically, 50% of the shares underlying each stock option will vest upon the achievement of CEPS equal to $1.50 and the remaining 50% of the shares underlying each stock option will vest upon the achievement of CEPS equal to $2.00.