RIVERS MARYANN D 4
4 · VALASSIS COMMUNICATIONS INC · Filed Oct 3, 2003
Insider Transaction Report
Form 4
RIVERS MARYANN D
EVP Targeted Print/Media Sol.
Transactions
- Award
Employee Stock Option (Right to Buy)
2003-10-01$26.90/sh+43,750$1,176,875→ 43,750 totalExercise: $26.90Exp: 2010-10-01→ Common Stock (43,750 underlying)
Footnotes (2)
- [F1]This option becomes exercisable in increments of 33.3333%, 33.3333% and 33.3334% at such time that the closing sales price per common share is equal to or exceeds $31.90, $36.90 and $41.90, respectively; provided that such market price targets are achieved by October 1, 2006. In any event, however, the option vests by 10/01/08.
- [F2]Represents number of derivative securities beneficially owned as of October 1, 2003.