MOVE INC 4
4 · MOVE INC · Filed Nov 7, 2014
Insider Transaction Report
Form 4
MOVE INCMOVE
BERKOWITZ STEVE
DirectorCEO
Transactions
- Exercise/Conversion
Common Stock
2014-11-05$6.08/sh+10,000$60,800→ 313,057.75 total - Sale
Common Stock
2014-11-05$20.95/sh−10,000$209,518→ 303,057.75 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2014-11-05−10,000→ 258,586 totalExercise: $6.08From: 2009-01-21Exp: 2019-01-21→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Same-Day-Sale exercise of stock option, including sale of all shares subject to such exercise. These transactions were effected pursuant to a 10b5-1 trading plan previously established by the reporting person.
- [F2]The price reported in column 4 is a weighted average price (exact weighted average price was $20.951835). These shares were sold in multiple transactions at prices ranging from $20.95 to $20.96 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer and the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
- [F3]Option vested one-quarter of the shares on grant date. The remaining three-quarters of the shares vested monthly over a period commencing from the first anniversary of the grant date and continuing during the following 36 month period.