HARRIS KEVIN M 4
4 · I MANY INC · Filed Feb 5, 2008
Insider Transaction Report
Form 4
I MANY INCIMNY
HARRIS KEVIN M
Chief Financial Officer
Transactions
- Award
Stock Option
2008-02-01+1→ 360,031 totalExercise: $2.84From: 2009-02-01Exp: 2018-02-01→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]This option will vest 12.5% on the first anniversary of grant and then 3.125% per quarter thereafter, until the fourth anniversary of grant, at which time the remaining 50% (25,000 shares) will vest and the option will be 100% vested. Vesting will accelerate 50% (25,000 shares) if the arithmetic average of the volume-weighted average price of the Registrant's common stock for a period of 20 consecutive trading days equals or exceeds $4.50 per share.
- [F2]Represents all shares purchasable pursuant to currently outstanding stock options, regardless of grant date or exercise price.