OPENTV CORP 4
4 · OPENTV CORP · Filed Mar 9, 2009
Insider Transaction Report
Form 4
OPENTV CORPOPTV
Bennett Ben
DirectorChief Executive Officer
Transactions
- Tax Payment
Class A Ordinary Shares
2009-03-05$1.24/sh−12,864$15,951→ 279,292 total
Footnotes (1)
- [F1]Represents Class A ordinary shares that were withheld by the Issuer to satisfy the reporting person's tax liability. These Class A ordinary shares were originally issued by the Issuer under the OpenTV Corp. 2005 Incentive Plan in accordance with the terms of the reporting person's employment agreement dated November 5, 2008 which was filed with the Securities and Exchange Commission as an exhibit to the Issuer's Form 10-Q dated November 6, 2008. These Class A ordinary shares were subject to restrictions on sale or transfer; restrictions on 1/3 of the shares lapsed on March 5, 2009.