4/A//SEC Filing
DE VRIES MELANIE L 4/A
Accession 0001181431-03-017564
CIK 0001003648other
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 2:06 PM ET
Size
10.6 KB
Accession
0001181431-03-017564
Insider Transaction Report
Form 4/AAmended
DE VRIES MELANIE L
VP Marketing
Transactions
- Award
Employee Stock Option - Right to Purchase
2003-08-01$2.12/sh+13,700$29,044→ 13,700 totalExercise: $2.12From: 2004-08-01Exp: 2009-08-01→ Common Stock (13,700 underlying) - Award
Employee Right to Purchase
2003-08-01$2.12/sh+2,400$5,088→ 2,400 totalExercise: $2.12From: 2003-08-01Exp: 2003-08-12→ Common Stock (2,400 underlying)
Footnotes (2)
- [F1]Reporting Person is permitted to acquire up to 2,400 shares of Issuer's Common Stock pursuant to this Right to Purchase. If Reporting Person purchases less than 19,800 shares pursuant to this Right to Purchase, the number of shares subject to the Option granted to Reporting Person on the Transaction Date, will be reduced proportionately (see note 3 below).
- [F2]The Option vests at a rate of 2,740 shares per year, for five years, on each anniversary of the Transaction Date, commencing August 1, 2004. The Option vests immediately upon a change in control of the Issuer. In addition, the vesting of the shares subject to the Option is further subject to Reporting Person purchasing 2,400 shares from Issuer, pursuant to the Right to Purchase granted on the Transaction Date at $2.12 per share, within 11 days after the Transaction Date. If Reporting Person purchases fewer shares pursuant to such Right to Purchase, the number of shares subject to the Option will be reduced proportionately, with a number of shares equal to the amount of the reduction being forfeited.
Documents
Issuer
CHILDTIME LEARNING CENTERS INC
CIK 0001003648
Entity typeother
Related Parties
1- filerCIK 0001253154
Filing Metadata
- Form type
- 4/A
- Filed
- Aug 5, 8:00 PM ET
- Accepted
- Aug 6, 2:06 PM ET
- Size
- 10.6 KB