SEVERSON THOMAS E JR 4/A
4/A · PAXSON COMMUNICATIONS CORP · Filed Jan 16, 2004
Insider Transaction Report
Form 4/AAmended
SEVERSON THOMAS E JR
CFO, Senior Vice President
Transactions
- Exercise of In-Money
Class A Common Stock
2003-10-03$0.01/sh+250,000$2,500→ 308,391 total
Footnotes (2)
- [F1]Shares restricted as to transferability and subject to forfeiture until vested. 200,000 shares vest on the fifth anniversary of the grant. 50,000 shares vest in three equal annual installments beginning on October 2, 2004.
- [F2]Since the date of the reporting person's last ownership report, he transferred 11,000 shares of PAX Class A common stock to his former spouse pursuant to a domestic relations order.