COLLINS JOHN S 4
4 · BITSTREAM INC · Filed Sep 2, 2004
Insider Transaction Report
Form 4
BITSTREAM INCBITS
COLLINS JOHN S
VP & Chief Technology Officer
Transactions
- Exercise of In-Money
Incentive Stock option
2004-08-31$0.90/sh−40,000$36,000→ 85,000 totalExercise: $0.90From: 1994-11-30Exp: 2004-11-30→ Class A Common Stock (40,000 underlying) - Exercise of In-Money
Class A Common Stock
2004-08-31$0.90/sh+40,000$36,000→ 80,718 total - Sale
Class A Common Stock
2004-09-01$1.67/sh−30,000$50,001→ 50,718 total
Footnotes (2)
- [F1]All shares are held jointly with spouse, Nichola Collins.
- [F2]The reporting person beneficially owns the following options to purchase Class A Common Stock of the Company (i) an option granted on 3/10/97 to purchase 30,000 shares at $4.94 per share, which option expires on 3/10/07 and is fully vested; (ii)an option granted on 12/11/00 to purchase 10,000 shares at $2.0312 per share, which option expires on 12/11/10 and is fully vested; (iii) an option granted on 11/05/01 to purchase 20,000 shares at $3.96 of which 13,333 are vested and 6,667 vest on 11/5/04 and (iv) an option granted on 08/02/2004 to purchase 25,000 shares at $1.59 of which 8,333 vest on 08/02/05, 8,333 vest on 08/02/06 and 8,334 vest on 08/02/07.