JAMES RALPH M 4
4 · FIRST MARBLEHEAD CORP · Filed Dec 29, 2004
Insider Transaction Report
Form 4
JAMES RALPH M
Vice Chairman of the Corp.
Transactions
- Gift
Common Stock
2004-12-20−22,000→ 0 total - Exercise/Conversion
Common Stock
2004-12-28$0.68/sh+22,000$14,960→ 335,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2004-12-28−22,000→ 283,000 totalExercise: $0.68From: 1996-10-15Exp: 2006-10-14→ Common Stock (22,000 underlying) - Other
Common Stock
2003-10-29+40,000→ 40,000 total(indirect: By Trust)
Footnotes (2)
- [F1]As originally reported in the Form 3 filed on October 30, 2003, Mr. James previously transferred 40,000 shares to the Ralph M. and Janice A. James Family Irrevocable Trust.
- [F2]The option, which originally covered 880,000 shares of Common Stock, was vested with respect to 148,000 shares of the Common Stock covered thereby on the date of grant, October 15, 1996, and became vested with respect to an additional 148,000 shares on each anniversary thereof for four years. The option vested with respect to the remaining 140,000 shares of Common Stock covered thereby on October 15, 2001.