James G Joshua 4
4 · DEMAND MEDIA INC. · Filed Jul 1, 2011
Insider Transaction Report
Form 4
James G Joshua
Director
Transactions
- Award
Stock Option (right to buy)
2011-06-29+15,000→ 52,500 totalExercise: $13.86Exp: 2021-06-29→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]The stock option was issued to Mr. James in his capacity as a director pursuant to the Demand Media, Inc. Outside Director Compensation Program whereby each non-employee director is entitled to receive an annual non-qualified stock option award after the conclusion of each annual meeting of stockholders. Demand Media's annual stockholder meeting was held on June 22, 2011.
- [F2]The shares subject to the option vest and become exercisable in twelve (12) substantially equal installments on each quarterly anniversary of the vesting commenecement date (June 29, 2011) occurring over the three (3) year period immediately following the vesting commenecement date.