Shipp Teresa 5
5 · SALARY. COM, INC. · Filed May 17, 2010
Insider Transaction Report
Form 5
Shipp Teresa
Senior Vice President of Sales
Transactions
- Exercise/Conversion
Common Stock
2010-03-09$0.22/sh+2,800$624→ 213,956 total - Tax Payment
Common Stock
2010-02-15$2.40/sh−2,002$4,805→ 211,156 total - Exercise/Conversion
Non-Qualified Options
2010-03-09+2,800→ 2,427 totalExercise: $0.22From: 2006-03-31Exp: 2016-03-31→ Common Stock (2,800 underlying)
Holdings
- 35,000(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Reflects the number of shares of common stock withheld by the issuer to pay the tax liability of the reporting person, resulting in a net issuance of 2,002 shares of the issuer's common stock in connection with the February 15, 2010 vesting of restricted stock units previously granted to the reporting person.
- [F2]These options are immediately exercisable, with the shares issuable upon exercise being subject to a right of repurchase that lapses in equal monthly installments over five years from the date of grant.
- [F3]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]Includes 9,781 shares acquired under the Salary.com employee stock purchase plan on October 6, 2009.