DTS, INC. 4
4 · DTS, INC. · Filed Jul 6, 2005
Insider Transaction Report
Form 4
DTS, INC.DTSI
SMITH W PAUL
Senior VP, Research & Dev
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2005-07-01−4,835→ 66,825 totalExercise: $1.02From: 2003-09-16Exp: 2012-09-15→ Common Stock (4,835 underlying) - Sale
Common Stock
2005-07-01$17.18/sh−4,835$83,067→ 323 total - Exercise/Conversion
Common Stock
2005-07-01$1.02/sh+4,835$4,932→ 5,158 total
Footnotes (2)
- [F1]Sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted February 16, 2005.
- [F2]25% of the option shares vest and become exercisable on such date with the remaining shares vesting and becoming exercisable in 3 equal annual installments thereafter.