Cormier Monique 4
4 · NAVISITE INC · Filed Jun 20, 2007
Insider Transaction Report
Form 4
NAVISITE INCNAVI
Cormier Monique
General Counsel and Secretary
Transactions
- Exercise/Conversion
Stock Option (right to buy) granted on August 9, 2004
2007-06-18−10,000→ 14,075 totalExercise: $1.80Exp: 2014-08-09→ Common Stock (35,000 underlying) - Sale
Common Stock
2007-06-18$7.49/sh−10,000$74,900→ 0 total - Exercise/Conversion
Common Stock
2007-06-18$1.80/sh+10,000$18,000→ 0 total
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.