MODEM MEDIA INC 4
4 · MODEM MEDIA INC · Filed Oct 18, 2004
Insider Transaction Report
Form 4
MODEM MEDIA INCMMPT
SEELEY DONALD L
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2004-10-15−5,000→ 0 totalExercise: $5.50Exp: 2013-05-06→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2004-10-15−22,500→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2004-10-15−17,500→ 0 totalExercise: $3.20Exp: 2013-05-06→ Common Stock (17,500 underlying)
Footnotes (3)
- [F1]The shares of the Reporting Person were disposed pursuant to a merger agreement between issuer and Digitas, Inc. ("Digitas") in exchange for 15,750 shares of Digitas common stock having a market value of $8.37 per share on the effective date of the merger.
- [F2]This option is fully vested and was assumed by Digitas in the merger and replaced with an option to purchase 12,250 shares of Digitas common stock for $4.5714 per share.
- [F3]This option is fully vested and was assumed by Digitas in the merger and replaced with an option to purchase 3,500 shares of Digitas common stock for $7.8571 per share.