CORNELL COMPANIES INC 4
4 · CORNELL COMPANIES INC · Filed Aug 5, 2005
Insider Transaction Report
Form 4
Clements Leon
Director
Transactions
- Award
Stock Option Right to Buy
2005-07-08$13.75/sh+15,000$206,250→ 15,000 totalExercise: $13.75→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]The option is exercisable in four equal annual installments beginning from the date of grant as follows: 3,750 shares exercisable on 7/8/05; 3,750 exercisable on 7/8/06; 3,750 shares exercisable on 7/8/07; 3,750 shares exercisable on 7/8/08.
- [F2]The option expires on the tenth anniversary from the date of the grant.