AHMAD IFTIKHAR 4

4 · VIISAGE TECHNOLOGY INC · Filed Jan 4, 2005

Form 4

Period: 2004-12-31

Sr Vice President Services

Transactions

Award
Option (Right to Buy)
1996-02-01+5,635→ 5,635 total
Exercise: $2.96Exp: 2006-02-01→ Common Stock (5,635 underlying)
Award
Stock Option (Right to Buy)
2002-02-20+60,000→ 60,000 total
Exercise: $6.16Exp: 2012-02-20→ Common Stock (60,000 underlying)
Other
Common Stock
2004-12-31$7.07/sh+276$1,951→ 6,495 total
Award
Option (Right to Buy)
1997-07-21+35,000→ 35,000 total
Exercise: $2.25Exp: 2007-07-21→ Common Stock (35,000 underlying)
Award
Option (Right to Buy)
2001-02-14+50,000→ 30,000 total
Exercise: $3.06Exp: 2011-02-14→ Common Stock (50,000 underlying)
Award
Option (Right to Buy)
1999-02-24+11,667→ 11,667 total
Exercise: $1.38Exp: 2009-02-24→ Common Stock (11,667 underlying)
Award
Option (Right to Buy)
2000-01-21+50,000→ 50,000 total
Exercise: $12.25Exp: 2010-01-21→ Common Stock (50,000 underlying)

Footnotes (5)

[F1]Purchase under Viisage Technology Employee Stock Purchase Plan
[F2]Option is exercisable in three annual equal installments beginning on the first anniversary of the date of grant.
[F3]Not Applicable
[F4]Subject to acceleration and earlier vesting as noted in option agreement regarding benchmark shares.
[F5]Option is exercisable in four annual equal installments beginning on the first anniversary of the date of grant.

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