ANSWERTHINK INC 4

4 · ANSWERTHINK INC · Filed Jul 18, 2005

Form 4

Period: 2005-07-14

DirectorPresident

Transactions

Tax Payment
Common Stock
2005-07-14$4.00/sh−60,331$241,324→ 321,274 total
Exercise/Conversion
Common Stock
2005-07-14+208,334→ 381,605 total
Exercise/Conversion
Restricted Stock Units
2005-07-14−208,334→ 208,334 total
Exercise: $0.00→ Common Stock (208,334 underlying)

Footnotes (6)

[F1]Upon vesting of the restricted stock units, the reporting person receives shares of common stock on a one-for-one basis.
[F2]Since the date of the reporting person's last ownership report, the reporting person transferred 211,775 shares of Common Stock pursuant to a domestic relations order.
[F3]These shares of common stock were withheld by the issuer to satisfy tax withholding and were not the subject of open market sales.
[F4]The restricted stock units vest as follows: 50% on July 14, 2005; and 25% on each of July 14, 2006 and July 14, 2007.
[F5]The restricted stock units have no expiration date.
[F6]On July 14, 2003, the issuer cancelled, pursuant to the issuer's option exchange program, options granted to the reporting person on February 9, 2002, February 15, 2002, and January 9, 2003. In exchange for the options, the reporting person received 416,668 shares of restricted stock units.

Documents

1 file