MARKLE JEFFREY L 4
4 · PLANVISTA CORP · Filed Nov 6, 2003
Insider Transaction Report
Form 4
PLANVISTA CORPPVST
MARKLE JEFFREY L
President & COO
Transactions
- Award
Employee Stock Options (right to buy)
2003-05-22+700,000→ 1,000,000 totalExercise: $1.59Exp: 2013-05-22→ Common Stock (700,000 underlying) - Award
Employee Stock Options (right to buy)
2003-05-22+429,000→ 1,429,000 totalExercise: $1.59Exp: 2013-05-22→ Common Stock (429,000 underlying)
Holdings
- 6,500
Common Stock
Footnotes (3)
- [F1]The stated number of options vest in accordance with the terms of the applicable stock option agreement, with 15% of the options becoming vested on the grant date and the remaining options becoming vested in increments determined in accordance with the option agreement. The agreement provides that all options will vest on or before May 22, 2008.
- [F2]The stated number of options vest over a three-year period from the grant date, with 1/3 of the options becoming vested on said date and 1/3 becoming vested on each successive anniversary of the grant date.
- [F3]Issued pursuant to the PlanVista Corporation 2003 Stock Option Plan.