Liu Claudia 4
4 · Bidz.com, Inc. · Filed Sep 29, 2008
Insider Transaction Report
Form 4
Bidz.com, Inc.BIDZ
Liu Claudia
Chief Operating Officer
Transactions
- Exercise/Conversion
Employee Stock Options
2008-09-25−50,000→ 900,000 totalExercise: $4.50From: 2003-12-05Exp: 2008-12-05→ Common Stock (50,000 underlying) - Exercise/Conversion
Common Stock
2008-09-25$4.50/sh+50,000$225,000→ 268,000 total - Sale
Common Stock
2008-09-29$8.85/sh−15,000$132,750→ 218,000 total - Sale
Common Stock
2008-09-26$10.23/sh−3,499$35,795→ 233,000 total - Tax Payment
Common Stock
2008-09-25$10.61/sh−31,501$334,226→ 236,499 total
Footnotes (2)
- [F1]Represents a net exercise of stock options expiring on December 5, 2008. The value of 31,501, surrendered back to the Company and retired, equals the amount necessary to pay the exercise price and payroll taxes.
- [F2]Total beneficial ownership following reported transactions: 325,000 options owned by Claudia Liu. 218,000 shares and 575,000 options owned by husband, Lawrence Kong.