Pearce Boyd 4/A
4/A · ANTS SOFTWARE INC · Filed Dec 13, 2004
Insider Transaction Report
Form 4/AAmended
Pearce Boyd
President and COO
Transactions
- Purchase
Common Stock
2004-12-03$1.00/sh+5,000$5,000→ 5,000 total - Purchase
Warrant to Purchase Common Stock
2004-12-03+5,000→ 755,000 totalExercise: $2.00From: 2004-12-03Exp: 2007-11-12→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Mr. Pearce purchased 5,000 units from ANTs software inc. at a price of $1.00 per unit, with each unit consisting of (i) one share of common stock and (ii) a warrant to purchase one share of common stock. The shares of common stock are "restricted securities" as that term is defined in paragraph (a) of Rule 144 of the Securities Act of 1933, as amended.
- [F2]Item 9 includes an option grant dated 10/19/2004 for 100,000 shares, exercise price $1.45, fully vested; an option grant dated 10/19/2004 for 650,000 shares, exercise price $1.45 with the following vesting schedule: 16.6% shall vest six months from the vesting measurement date; thereafter, 2.78% shall vest each month, 100% vested after three years; a warrant dated 12/03/2004 for 5,000 shares, exercise price $2.00, fully vested.