Warenski Paul 4
4 · SERVICESOURCE INTERNATIONAL, INC. · Filed Jan 24, 2013
Insider Transaction Report
Form 4
Warenski Paul
SVP and General Counsel
Transactions
- Award
Employee Stock Option (right to buy)
2013-01-22+4,424→ 4,424 totalExercise: $6.03Exp: 2022-02-07→ Common Stock (4,424 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-01-22−15,000→ 0 totalExercise: $17.36Exp: 2022-02-07→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]One-fourth of the shares subject to the option vest on February 7, 2013 and one forty-eighth of the shares vest monthly thereafter.
- [F2]On January 22, 2013, the Issuer cancelled, pursuant to the Issuer's option exchange program, an option granted to the Reporting Person on February 7, 2012. Each exchanged option to purchase one share of common stock was replaced with a new option to purchase a number of shares of common stock equal to the number of options exchanged divided by 3.39 which represents an exchange ratio based on the exercise price of the exchanged option, subject to rounding.
- [F3]The new option vests according to the same vesting schedule applicable to the exchanged option, however, the new option cannot be exercised prior to January 22, 2014.