ACTIVCARD CORP 4
4 · ACTIVCARD CORP · Filed Oct 29, 2003
Insider Transaction Report
Form 4
ACTIVCARD CORP(ACTI)
AUDEBERT YVES
President
Transactions
- Award
Stock Option (right to buy)
2003-10-27+100,000→ 100,000 totalExercise: $8.95Exp: 2013-10-27→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]Option vests and becomes exercisable with respect to one-third of the total number of underlying shares on each of the fifth, sixth and seventh anniversaries of the grant date (10/27/03), or earlier upon the closing price of the Company's common stock reaching the following target prices for 90 consecutive calendar days: $20, $30, and $40.