NAVISITE INC 4
4 · NAVISITE INC · Filed Sep 6, 2005
Insider Transaction Report
Form 4
NAVISITE INCNAVI
Cormier Monique
General Counsel and Secretary
Transactions
- Award
Stock Option (right to buy)
2005-09-01+40,000→ 40,000 totalExercise: $1.55From: 2006-09-01Exp: 2015-09-01→ Common Stock (40,000 underlying)
Footnotes (1)
- [F1]Option vests and becomes exercisable with respect to 25% of the number of shares subject thereto on the first anniversary of the grant date, with the remainder vesting and becoming exercisable in 36 equal monthly installments thereafter until fully vested and exercisable on the fourth anniversary of the date of grant.