QUADRAMED CORP 4
4 · QUADRAMED CORP · Filed Jun 11, 2007
Insider Transaction Report
Form 4
Klein James R
EVP - Product Mgmt. and CTO
Transactions
- Award
Employee Stock Option (right to buy)
2007-06-07+150,000→ 400,000 totalExercise: $3.19Exp: 2017-06-07→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]The options vest in accordance with the terms of the 2004 Stock Compensation Plan; 25% vest on the first anniversary of the grant, with the remaining 75% vesting pro rata over the next 36 months. In the event of the involuntary termination (other than for cause) of Mr. Klein's employment, the options will automatically vest.
- [F2]Mr. Klein was awarded the options in connection with his employment, and the grant of such options was previously discussed in the Company's proxy statement on Schedule 14A for the 2007 Annual Meeting of Stockholders.