ANTS SOFTWARE INC 4
4 · ANTS SOFTWARE INC · Filed May 20, 2005
Insider Transaction Report
Form 4
HERSH CLIFFORD
Chief Scientist
Transactions
- Award
Option to Purchase Common Stock
2005-05-19+1→ 354,000 totalExercise: $2.95From: 2005-05-19Exp: 2005-05-18→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Item 9 includes an option grant dated 12/12/00 for 120,000 shares, exercise price $3.00, fully vested; an option grant dated 10/03/01 for 72,000 shares, exercise price $2.00, fully vested; an option grant dated 11/28/01 for 72,000 shares, exercise price $2.00, fully vested; an option grant dated 08/07/02 for 20,000 shares, exercise price $0.52, fully vested; an option grant dated 1/30/04 for 20,000 shares, exercise price $0.81, fully vested; an option grant dated 5/19/05 for 50,000 shares, exercise price $2.95, subject to the following vesting schedule: 2.77% shall vest at the conclusion of each month from 5/19/05 such that 100% of the shares are vested on 5/19/08.