Smith Richard William 4
4 · RAINING DATA CORP · Filed Aug 30, 2005
Insider Transaction Report
Form 4
Smith Richard William
Director
Transactions
- Award
Common Stock Option
2005-08-29$2.25/sh+50,000$112,500→ 50,000 totalExercise: $2.25From: 2006-08-29Exp: 2015-08-29→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]One-third of the shares subject to the option vests on the one year anniversary of the grant date, and 1/36th of the shares subject to the option vests in equal monthly installments thereafter. The shares subject to the option will become fully vested in the event of a change of control of the Company.