WEINSTEIN ADAM K 4
4 · PAXSON COMMUNICATIONS CORP · Filed Oct 6, 2003
Insider Transaction Report
Form 4
WEINSTEIN ADAM K
CLO, Senior VP, Secretary
Transactions
- Award
Employee Stock Option (right to buy)
2003-10-02+70,000→ 0 totalExercise: $0.01From: 2003-10-03Exp: 2003-10-03→ Class A Common Stock (70,000 underlying) - Exercise of In-Money
Employee Stock Option (right to buy)
2003-10-03−70,000→ 0 totalExercise: $0.01From: 2003-10-03Exp: 2003-10-03→ Class A Common Stock (70,000 underlying) - Exercise of In-Money
Class A Common Stock
2003-10-03$0.01/sh+70,000$700→ 107,692 total
Footnotes (1)
- [F1]Shares restricted as to transferability and subject to forfeiture until vested. 60,000 shares vest on the fifth anniversary of the grant. 10,000 shares vest in three equal annual installments beginning on October 2, 2004.