SPIRN JEFFREY 4
4 · ANTS SOFTWARE INC · Filed Apr 26, 2005
Insider Transaction Report
Form 4
SPIRN JEFFREY
Vice President R&D
Transactions
- Award
Option to Purchase common stock
2005-04-25+1→ 300,000 totalExercise: $2.31From: 2005-04-25Exp: 2015-04-25→ Common Stock (140,000 underlying)
Footnotes (1)
- [F1]Item 9 includes an option grant dated 12/12/2000 for 10,000 shares, exercise price $3.00, fully vested; an option grant dated 2/21/2001 for 40,000 shares, exercise price $2.9062, fully vested; an option grant dated 10/03/2001 for 10,000 shares, exercise price $2.00, fully vested; an option grant dated 4/10/2002 for 50,000 shares, exercise price $1.90, subject to vesting schedule: 2.78% of shares shall vest each month such that 100% are vested after three years; an option grant dated 8/7/2002 for 20,000 shares, exercise price $.52, fully vested; an option grant dated 1/30/2004 for 20,000 shares, exercise price $.81, fully vested; an option grant dated 4/25/2005 for 140,000 shares, exercise price $2.31, subject to vesting schedule: 2.78% of shares shall vest each month such that 100% are vested after three years.