JAMES RALPH M 4
4 · FIRST MARBLEHEAD CORP · Filed Jan 20, 2005
Insider Transaction Report
Form 4
JAMES RALPH M
Vice Chairman of the Corp.
Transactions
- Exercise/Conversion
Common Stock
2005-01-19$1.88/sh+1,012,980$1,904,402→ 1,347,980 total - Sale
Common Stock
2005-01-19$57.40/sh−1,012,980$58,145,052→ 335,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2005-01-19−1,012,980→ 226,809 totalExercise: $1.88From: 2001-07-19Exp: 2011-07-19→ Common Stock (1,012,980 underlying)
Holdings
- 40,000(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]The option vested with respect to 279,415 shares of the Common Stock covered thereby on July 19, 2001, 279,947 shares of the Common Stock covered thereby on July 19, 2002 and 226,809 shares of the Common Stock covered thereby on each of July 19, 2003 and July 19, 2004. The remaining 226,809 shares of the Common Stock covered thereby will vest on July 19, 2005.