DAVIS JOHN F III 4
4 · PEGASUS SOLUTIONS INC · Filed May 27, 2004
Insider Transaction Report
Form 4
DAVIS JOHN F III
DirectorCEO and President
Transactions
- Award
Stock Option (Right to Buy)
2004-05-25$11.40/sh+150,000$1,710,000→ 1,165,500 totalExercise: $11.40Exp: 2014-05-25→ Common Stock (150,000 underlying) - Award
Common Stock
2004-05-25+12,500→ 50,225 total
Footnotes (1)
- [F1]The options were granted to the reporting person under the Pegasus Solutions, Inc. 2002 Stock Incentive Plan and will vest 25% on the first anniversary of the date of grant and 6.25% after every three month period therafter until fully vested.