RAISSI SOHEIL 4
4 · RAINING DATA CORP · Filed Dec 20, 2004
Insider Transaction Report
Form 4
RAISSI SOHEIL
VP Product Development
Transactions
- Award
Employee Stock Option
2004-12-16$2.85/sh+70,000$199,500→ 250,000 totalExercise: $2.85From: 2005-12-16Exp: 2014-12-16→ Common Stock (70,000 underlying)
Footnotes (1)
- [F1]1/4 of 70,000 shares is exercisable one year from December 16; 1/48 of 70,000 shares is exercisable each month thereafter (provides for acceleration of vesting if involuntarily terminated within 12 months after a change of control).