X RITE INC 4
4 · X RITE INC · Filed Feb 10, 2005
Insider Transaction Report
Form 4
X RITE INCXRIT
BERG BERNARD J
Senior Vice President
Transactions
- Award
Employee Stock Option Plan
2005-02-08+25,000→ 25,000 totalExercise: $16.40From: 2006-02-08Exp: 2015-02-08→ Common Stock (25,000 underlying) - Award
Cash Bonus Conversion Plan
2005-02-08+23,163→ 23,163 totalExercise: $8.20From: 2005-02-08Exp: 2005-08-08→ Common Stock (23,163 underlying)
Footnotes (2)
- [F1]Options granted pursuant to the Company's Employee Stock Option Plan.
- [F2]Options granted pursuant to the Company's Cash Bonus Conversion Plan. Under the Plan, certain employees are awarded options to purchase shares of common stock in an amount equal to their cash bonus. The option is priced at a 50% discount to the then current market price at the time the option is granted. Any stock purchased under this Plan consists of restricted stock.