BEZDEK BRIAN C 4
4 · RAINING DATA CORP · Filed Dec 20, 2004
Insider Transaction Report
Form 4
BEZDEK BRIAN C
Chief Financial Officer
Transactions
- Award
Employee Stock Option
2004-12-16$2.85/sh+75,000$213,750→ 250,000 totalExercise: $2.85From: 2005-12-16Exp: 2014-12-16→ Common Stock (75,000 underlying)
Footnotes (1)
- [F1]1/4 of 75,000 shares is exercisable one year from December 16; 1/48 of 75,000 shares is exercisable each month thereafter (provides for acceleration of vesting if involuntarily terminated within 12 months after a change of control).