FIRST MARBLEHEAD CORP 4
4 · FIRST MARBLEHEAD CORP · Filed May 3, 2005
Insider Transaction Report
Form 4
HUPALO JOHN A
Sr EVP, CFO & Head, Cap Mks
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2005-05-02−14,285→ 165,715 totalExercise: $7.00From: 2003-03-03Exp: 2013-03-02→ Common Stock (14,285 underlying) - Exercise/Conversion
Common Stock
2005-05-02$7.00/sh+14,285$99,995→ 14,285 total
Footnotes (1)
- [F1]Following the transactions reported hereby, as of May 2, 2005, the option is vested with respect to 45,715 shares of the Common Stock covered thereby and will vest with respect to the remaining 120,000 shares in two equal annual installments ending on March 3, 2007.