STEDMAN DAVID 4
4 · LION INC/WA · Filed Dec 23, 2004
Insider Transaction Report
Form 4
LION INC/WALINN
STEDMAN DAVID
DirectorPresident
Transactions
- Exercise of In-Money
Employee Stock Options - Right to Buy
2004-12-21$0.20/sh−32,509$6,502→ 969,500 totalExercise: $0.20Exp: 2011-02-02→ Common Stock (32,509 underlying) - Exercise of In-Money
Common Stock
2004-12-21$0.20/sh+32,509$6,502→ 500,000 total
Footnotes (1)
- [F1]Options vest at 6.25% per quarter beginning 2/2/01 and 12.5% per quarter in profitable quarters.