QUADRAMED CORP 4
4 · QUADRAMED CORP · Filed May 1, 2009
Insider Transaction Report
Form 4
QUADRAMED CORPQDHC
JURIKA WILLIAM K
Director
Transactions
- Award
Stock Option (right to buy)
2009-04-29+9,200→ 9,200 totalExercise: $6.88Exp: 2019-04-29→ Common Stock (9,200 underlying)
Footnotes (3)
- [F1]Mr. Jurika received a Nonqualified Stock Option grant to purchase 9,200 shares of common stock (the "Initial Grant") under the Non-Employee Director Option Grant Program of the 2004 Stock Compensation Plan on April 29, 2009, the date of his initial appointment to QuadraMed's Board of Directors.
- [F2]The Initial Grant options vest in accordance with the terms of the Non-Employee Director Option Grant Program of the 2004 Stock Compensation Plan, as follows: (i) 4,600 of the options shall vest upon Mr. Jurika's completion of one year of Board service measured from the Initial Grant date and (ii) the remaining 4,600 options shall vest upon Mr. Jurika's completion of his second year of Board service measured from the Initial Grant date.
- [F3]Mr. Jurika was awarded the options in connection with his initial appointment to the QuadraMed Board of Directors.