BEITZEL GEORGE B 4
4 · Bitstream Inc. · Filed Jan 13, 2012
Insider Transaction Report
Form 4
Bitstream Inc.BITS
BEITZEL GEORGE B
Director
Transactions
- Exercise of In-Money
Class A Common Stock
2012-01-12$4.75/sh+20,000$95,000→ 480,232 total - Exercise of In-Money
Employee Stock Option (right to buy)
2012-01-12−20,000→ 0 totalExercise: $4.75From: 2005-02-05Exp: 2012-02-05→ Class A Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Balance includes 1,000 restricted shares granted on 05/24/2007 which expires on 05/24/2017 and which vests on 05/24/2012; 2,000 restricted shares granted on 05/20/2008 which expires on 05/20/2018 and which vests in equal amounts of 1,000 shares on 05/20/2012 and 05/20/2013; 3,000 restricted shares granted on 08/19/2009 which expires on 08/19/2019 and which vests in equal amounts of 1,000 shares each on 08/19/2012, 08/19/2013, and 08/19/2014; 43,750 restricted shares granted on 08/12/2010 which expires on 08/12/2020 and which vests over 5 years in 20 equal amounts of 250 shares on each quarterly anniversary date from the date of grant; 810 restricted shares granted on 06/30/2011 which expires on 06/30/2021 and which vests over 5 years in 20 equal amounts of 45 shares on each quarterly anniversary date from the date of grant;
- [F2]2,565 restricted shares granted on 09/30/2011 which expires on 09/30/2021 and which vests over 5 years in 20 equal amounts of 135 shares on each quarterly anniversary date from the date of grant; and 7,700 restricted shares granted on 12/30/2011 which expires on 12/30/2021 and which vests over 5 years in 20 equal amounts of 385 shares on each quarterly anniversary date from the date of grant.