OPENWAVE SYSTEMS INC 4
4 · OPENWAVE SYSTEMS INC · Filed Jan 12, 2004
Insider Transaction Report
Form 4
KENNEDY KEVIN J
Director
Transactions
- Exercise/Conversion
Option (Right to Buy)
2004-01-08$12.71/sh−60,000$762,660→ 386,666 totalExercise: $4.83Exp: 2012-07-15→ Common Stock (60,000 underlying) - Exercise/Conversion
Common Stock
2004-01-08$4.83/sh+60,000$289,800→ 61,800 total(indirect: By Trust) - Sale
Common Stock
2004-01-08$12.71/sh−60,000$762,660→ 1,800 total(indirect: By Trust)
Holdings
- 410
Common Stock
Footnotes (2)
- [F1]These shares were sold pursuant to a sales plan that (a) was entered into on November 29, 2003 and (b) is intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934.
- [F2]The shares subject to such option shall vest and become exercisable at the rate of 1/36th monthly, commencing one month from the date of grant July 15,2002.