4//SEC Filing
SOHU COM INC 4
Accession 0001181431-06-044601
CIK 0001104188operating
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 2:26 PM ET
Size
7.1 KB
Accession
0001181431-06-044601
Insider Transaction Report
Form 4
SOHU COM INCSOHU
Wang Shi
Director
Transactions
- Award
Restricted Stock Units (right to acquire common stocks)
2006-07-25−5,000→ 5,000 totalExercise: $0.00From: 2007-01-25Exp: 2016-07-25→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]5000 restricted stock units were granted on July 25, 2006, with vesting to occur 50% on January 25, 2007 and 50% on July 25, 2007. Upon vesting of each restricted stock unit, at the Company's election, the Company shall issue either one share of common stock for each restricted stock unit vesting at such time or an amount of cash equal to the fair market value of one share of common stock of the Company for each restricted stock unit vesting at such time.
- [F2]Restricted stock units were granted in consideration of services as a director.
- [F3]On July 25, 2006, the Board also approved a grant of restricted stock units on January 1 of each succeeding year in such amount as may be equal to $100,000 divided by the then-fair market value of the Company's common stock, rounded up the nearest 100. Such grants will be made to each then-sitting independent director, provided that each such grant is subject to modification or repeal prior to such grant.
Documents
Issuer
SOHU COM INC
CIK 0001104188
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001104188
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 2:26 PM ET
- Size
- 7.1 KB