ANSWERTHINK INC 4
4 · ANSWERTHINK INC · Filed Jul 18, 2005
Insider Transaction Report
Form 4
ANSWERTHINK INCANSR
BRENNAN JOHN F
Exec VP and CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2005-07-14−82,500→ 82,501 totalExercise: $0.00→ Common Stock (82,500 underlying) - Exercise/Conversion
Common Stock
2005-07-14+82,500→ 201,931 total - Tax Payment
Common Stock
2005-07-14$4.00/sh−21,342$85,368→ 180,589 total
Footnotes (5)
- [F1]Upon vesting of the restricted stock units, the reporting person receives shares of common stock on a one-for-one basis.
- [F2]These shares of common stock were withheld by the issuer to satisfy tax withholding and were not the subject of open market sales.
- [F3]The restricted stock units vest as follows: 50% on July 14, 2005; and 25% on each July 14, 2006 and July 14, 2007.
- [F4]The restricted stock units have no expiration date.
- [F5]On July 14, 2003, the issuer cancelled, pursuant to the issuer's option exchange program, options granted to the reporting person on February 7, 2001, February 9, 2002, February 15, 2002, and January 9, 2003. In exchange for the options, the reporting person received 165,001 shares of restricted stock units.