BINDVIEW DEVELOPMENT CORP 4
4 · BINDVIEW DEVELOPMENT CORP · Filed Jun 6, 2005
Insider Transaction Report
Form 4
SHAPIRO ARMAND S
Director
Transactions
- Award
Common Stock
2005-06-03+12,500→ 25,000 total
Footnotes (1)
- [F1]The shares will vest and become exercisable over three years: 1-year "cliff": 1/3 of the shares on the first anniversary of the Grant Date; and quarterly vesting thereafter: 1/12 of the shares every third month after the first anniversary of the Grant Date, on the same day of such third month as the day of the month of the Grant Date, until the shares are fully vested.