Home/Filings/4/0001179110-07-005480
4//SEC Filing

David Renner 4

Accession 0001179110-07-005480

CIK 0001219169other

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 4:31 PM ET

Size

6.5 KB

Accession

0001179110-07-005480

Insider Transaction Report

Form 4
Period: 2007-03-03
David Renner
Chief Financial Officer
Transactions
  • Award

    Option (Right to Buy)

    2007-03-03+21,00021,000 total
    Exercise: $20.85From: 2008-03-01Exp: 2012-03-01Common Stock (21,000 underlying)
Footnotes (3)
  • [F1]Vesting Schedule: Except as provided in the Stock Option Agreement, and provided that the Optionee's employment by the Company or any of its subsidiaries has not terminated prior to any applicable vesting date, the shares will vest 25% on March 1, 2008 and 2.08% monthly thereafter with the final vesting occurring on March 1, 2011. Fractional shares are not exercisable until fractional shares equal a whole share. In addition, there shall be acceleration of vesting of 25% of original grant (or 100% of remaining unvested portion is less) following termination without Cause or for Constructive Termination (each term as defined in Optionee's Employment Agreement with the Company) within one year of an Acquisition (as defined in 2006 Stock Option and Incentive Plan).
  • [F2]N/A
  • [F3]This is one option grant representing the option to purchase 21,000 shares of common stock.

Issuer

OPTIUM CORP

CIK 0001219169

Entity typeother

Related Parties

1
  • filerCIK 0001378841

Filing Metadata

Form type
4
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 4:31 PM ET
Size
6.5 KB