BITSTREAM INC 5
5 · BITSTREAM INC · Filed Feb 28, 2005
Insider Transaction Report
Form 5
BITSTREAM INCBITS
LUBRANO DAVID
Director
Transactions
- Award
Stock Option
2004-09-29$1.61/sh+10,000$16,100→ 284,000 totalExercise: $1.61Exp: 2014-09-29→ Class A Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The reporting person beneficially owns the following derivatives to purchase Class A Common Stock of the Company (i) a warrant granted on 03/10/1997 to purchase 20,000 shares at $4.94, which warrant expires on 03/10/2007 and is fully vested;(ii) an option granted on 01/23/1998 to purchase 50,000 shares at $2.00 per share, which option expires on 01/23/2008 and is fully vested; (iii) an option granted on 04/22/1998 to purchase 14,000 shares at $1.875 per share, which option expires on 04/28/2008 and is fully vested; (iv)an option granted on 01/25/1999 to purchase 150,000 shares at $1.59 per share, which option expires on 01/25/2009 and is fully vested; (v)an option granted on 02/05/2002 to purchase 20,000 shares at $4.75 per share, which option expires on 02/05/2012 and is fully vested;
- [F2](vi) an option granted on 02/13/2003 to purchase 20,000 shares at $1.79, which option expires 02/13/2013 and of which 13,333 are vested, and 6,667 vest on 02/13/2006; and (vii)an option granted on 09/29/2004 to purchase 10,000 shares at $1.61 per share, which option expires on 09/29/2014 and of which 3,333 vest on 09/29/2005, 3,333 vest on 09/29/2006, and 3,334 vest on 09/29/2007.