4//SEC Filing
QUOVADX INC 4
Accession 0001206579-05-000001
CIK 0001094561operating
Filed
Mar 27, 7:00 PM ET
Accepted
Mar 28, 8:25 PM ET
Size
8.6 KB
Accession
0001206579-05-000001
Insider Transaction Report
Form 4
QUOVADX INCQVDX
CANGARLU AFSHIN
EVP & President of EnterpriseOther
Transactions
- Award
Stock Option (Right to Buy)
2005-03-24+80,000→ 550,000 totalExercise: $3.00Exp: 2015-03-24→ Common Stock (80,000 underlying) - Award
Common Stock
2005-03-24+21,000→ 21,000 total
Footnotes (3)
- [F1]Grant to reporting person of 21,000 full value shares of restricted Quovadx common stock under the Company's Amended and Restated 1997 Stock Plan, with such shares earned at the rate of 7,000 shares each upon achievement of one quarter of positive EPS in 2005 (excluding option expensing and executive bonus accrual), upon achievement of positive EPS for the Company's 2006 fiscal year (excluding option expensing) and upon achieving positive EPS in each quarter of 2007 (excluding expensing of options). Earned shares shall vest on March 24, 2008, provided that the reporting person continues to be an employee of the Company on such vesting date. All shares vest upon change of control, except for unearned shares related to missed performance targets.
- [F2]Grant to reporting person of an option to purchase 80,000 shares of Quovadx common stock under the Company's Amended and Restated 1997 Stock Plan.
- [F3]The shares underlying the option, listed in column 5 of Table II, shall vest as follows: 25% of the shares subject to the option shall vest on March 24, 2006 and 1/48th of the shares subject to the option shall vest each month thereafter, provided that the reporting person continues to be an employee of the Company on such dates.
Documents
Issuer
QUOVADX INC
CIK 0001094561
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001094561
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 7:00 PM ET
- Accepted
- Mar 28, 8:25 PM ET
- Size
- 8.6 KB