Mackintosh Heidi L 4
4 · LYRIS, INC. · Filed Jul 16, 2009
Insider Transaction Report
Form 4
LYRIS, INC.LYRI.OB
Mackintosh Heidi L
Chief Financial Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2009-07-09+400,000→ 0 totalExercise: $0.83Exp: 2018-03-09→ Common Stock (400,000 underlying) - Award
Employee Stock Option (right to buy)
2009-07-09+400,000→ 400,000 totalExercise: $0.50Exp: 2018-03-09→ Common Stock (400,000 underlying)
Footnotes (1)
- [F1]The reported transaction involves an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on May 9, 2008 and vests and becomes exercisable in cumulative installments as follows: (i) the option shall become exercisable with respect to twenty five percent (25%) of the option shares on 3/9/2009; and (ii) the option shall be exercisable with respect to the remaining seventy five percent (75%) in equal quarterly installments through March 9, 2012.