NAVISITE INC 4
4 · NAVISITE INC · Filed Jun 13, 2007
Insider Transaction Report
Form 4
NAVISITE INCNAVI
Cormier Monique
General Counsel and Secretary
Transactions
- Sale
Common Stock
2007-06-12$6.93/sh−10,925$75,710→ 0 total - Exercise/Conversion
Common Stock
2007-06-12$1.80/sh+10,925$19,665→ 0 total - Exercise/Conversion
Stock Option (right to buy) granted on August 9, 2004
2007-06-12−10,925→ 24,075 totalExercise: $1.80Exp: 2014-08-09→ Common Stock (35,000 underlying)
Footnotes (1)
- [F1]Option vested and became exercisable as to 25% of the shares on the six month anniversary of the date of grant and the remainder vests and becomes exercisable in 36 equal monthly installments thereafter.