I MANY INC 4
4 · I MANY INC · Filed Jun 6, 2005
Insider Transaction Report
Form 4
I MANY INCIMNY
POWELL A LEIGH
DirectorCEO & President
Transactions
- Exercise/Conversion
Common Stock
2005-06-06$0.22/sh+7,000$1,540→ 211,675 total - Sale
Common Stock
2005-06-06$1.55/sh−7,000$10,850→ 204,675 total - Exercise/Conversion
Stock Option
2005-06-06−1→ 1,746,316 totalExercise: $0.22Exp: 2013-12-10→ Common Stock (7,000 underlying)
Footnotes (3)
- [F1]This sale and the corresponding option exercise were made pursuant to a pre-existing, written plan (the "Plan") intended to meet the requirements of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. The transaction was executed by an independent broker, and future transactions may may be similarly executed, according to instructions and conditions stated in the Plan. Other than establishing the Plan, the reporting person took no action and gave no instructions to effect the transaction.
- [F2]Option is fully vested.
- [F3]Represents all shares purchasable pursuant to currently outstanding stock options, regardless of grant date or exercise price.