SCHACHT NICHOLAS 4
4 · LEARNING TREE INTERNATIONAL INC · Filed Jan 13, 2004
Insider Transaction Report
Form 4
SCHACHT NICHOLAS
DirectorPresident, CEO
Transactions
- Award
Employee Stock Options (right to buy)
2003-12-15+50,000→ 50,000 totalExercise: $16.97From: 2004-01-01Exp: 2008-12-31→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Options vest one-fourth (1/4) on each January 1, 2004, 2005, 2006 and 2007.
- [F2]Options exercisable at $16.97 per share.
- [F3]Reporting person also owns the following employee stock options (right to buy): 70,000 shares of common stock, granted October 1, 2002; and 30,000 shares of common stock, granted January 1, 2003.