PAXSON COMMUNICATIONS CORP 4
4 · PAXSON COMMUNICATIONS CORP · Filed Apr 25, 2005
Insider Transaction Report
Form 4
WATSON WILLIAM L
VP, Assistant Secretary
Transactions
- Exercise/Conversion
Class A Common Stock
2005-04-22$0.01/sh+76,667$767→ 105,185 total - Exercise/Conversion
Employee Stock Option (right to buy)
2005-04-22−76,667→ 43,333 totalExercise: $0.01From: 2005-04-22Exp: 2005-04-22→ Class A Common Stock (76,667 underlying)
Footnotes (1)
- [F1]60,000 shares vest on October 2, 2008. 16,667 shares vest incrementally as follows: 6,666 on October 2, 2005, 6,667 on October 2, 2006 and 3,334 on October 2, 2007.