DAVIS JOHN F III 4
4 · PEGASUS SOLUTIONS INC · Filed Sep 13, 2004
Insider Transaction Report
Form 4
DAVIS JOHN F III
DirectorCEO and President
Transactions
- Sale
Common Stock
2004-09-09$12.12/sh−10,000$121,155→ 50,225 total - Exercise/Conversion
Stock Option (right to buy)
2004-09-09−10,000→ 133,000 totalExercise: $1.34Exp: 2006-01-01→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2004-09-09$1.34/sh+10,000$13,400→ 60,225 total
Footnotes (1)
- [F1]Exercise of stock options pursuant to original grant to the reporting person on June 25, 1996 of options under the Pegasus Systems, Inc. Amended 1996 Stock Option Plan to purchase 450,000 shares of Pegasus Solutions, Inc. common stock. After giving effect to the transaction which is the subject of this report, 133,000 options remain outstanding under this grant, all of which are fully vested.