MORTGAGEIT HOLDINGS INC 4
4 · MORTGAGEIT HOLDINGS INC · Filed Aug 6, 2004
Insider Transaction Report
Form 4
GARIN MICHAEL N
Director
Transactions
- Award
stock option(right to buy)
2004-08-04+40,000→ 40,000 totalExercise: $12.00From: 1988-08-08Exp: 2014-08-04→ Common Stock (40,000 underlying) - Purchase
Common Stock
2004-08-04$12.00/sh+20,800$249,600→ 272,888 total - Other
Common Stock
2004-08-04+252,088→ 252,088 total
Footnotes (2)
- [F1]Received in exchange for shares of MortgageIT, Inc. capital stock in connection with an agreement and plan of reorganization, providing for MortgageIT, Inc. to be the wholly-owned subsidiary of the Issuer.
- [F2]In the Section 16 Electronic Reporting Frequently Asked Questions released by the SEC on May 1, 2003, the SEC has designated "08/08/1988" as a "dummy date" until the electronic system is modified. This line reports end of period indirect holdings for this reporting person, and 08/08/1988 is not a transaction date related to these securities. The options will vest over a three (3) year period beginning on August 4, 2004.