WILLEBEEK LEMAIR MARC 4
4 · TIPPINGPOINT TECHNOLOGIES INC · Filed Sep 22, 2003
Insider Transaction Report
Form 4
WILLEBEEK LEMAIR MARC
Chief Technology Officer
Transactions
- Purchase
Common Stock
2003-09-18$14.00/sh+50,000$700,000→ 53,251 total
Holdings
- 1,000
Stock Option (Right to Buy)
Exercise: $6.90Exp: 2012-02-07→ Common Stock (1,000 underlying) - 10,000
Stock Option (Right to Buy)
Exercise: $27.60Exp: 2010-10-09→ Common Stock (10,000 underlying) - 167(indirect: By Family Member)
Common Stock
- 21,617
Stock Option (Right to Buy)
Exercise: $4.69Exp: 2011-02-02→ Common Stock (24,084 underlying) - 11,000
Stock Option (Right to Buy)
Exercise: $2.85Exp: 2009-03-08→ Common Stock (11,000 underlying) - 26,667
Stock Option (Right to Buy)
Exercise: $5.70Exp: 2011-02-01→ Common Stock (26,667 underlying)
Footnotes (8)
- [F1]3,084 shares of the common stock reported in Table I are restricted stock and were received pursuant to an exchange of stock options to purchase common stock for restricted common stock.
- [F2]The Reporting Person purchased the shares in a private transaction at the closing price of the issuer's common stock on September 18, 2003. The Reporting Person paid for the shares with a promissory note.
- [F3]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]Vests over a four-year period - 25% per year beginning 3/8/99.
- [F5]Vests over a four-year period - 25% per year beginning 10/9/00.
- [F6]Vests over a four-year period - 25% per year beginning 2/1/01.
- [F7]Vests over a three-year period - 33.33% per year beginning 2/2/01.
- [F8]Vests over a four-year period - 25% per year beginning 2/7/02.