DAS SANTANU DR 4
4 · TRANSWITCH CORP /DE · Filed Oct 8, 2003
Insider Transaction Report
Form 4
DAS SANTANU DR
DirectorCEO and President
Transactions
- Award
Incentive Stock Options (right to buy)
2003-10-08$2.47/sh+80,000$197,600→ 80,000 totalExercise: $2.47From: 2003-10-08Exp: 2010-10-08→ Common Stock, $0.001 par value (80,000 underlying) - Award
Incentive Stock Options (right to buy)
2003-10-08$2.47/sh+50,000$123,500→ 50,000 totalExercise: $2.47From: 2003-10-08Exp: 2010-10-08→ Common Stock, $0.001 par value (50,000 underlying)
Footnotes (2)
- [F1]50% vests upon grant, 50% vests after 1 year
- [F2]12.5% vests every quarter during the first two years