OXENDINE JOHN E 4
4 · PAXSON COMMUNICATIONS CORP · Filed Oct 1, 2004
Insider Transaction Report
Form 4
OXENDINE JOHN E
Director
Transactions
- Award
Employee Stock Option (right to buy)
2004-10-01+80,000→ 80,000 totalExercise: $0.01Exp: 2013-10-02→ Class A Common Stock (80,000 underlying) - Disposition to Issuer
Class A Common Stock
2004-10-01−80,000→ 22,312 total
Footnotes (2)
- [F1]The reporting person agreed to cancel shares of stock issued on October 2, 2003 in exchange for new options to purchase a number of shares of stock equal to the cancelled number of shares of stock.
- [F2]80,000 options vest incrementally as follows: 16,000 on October 2, 2004, 16,000 on October 2, 2005, 16,000 on October 2, 2006, 16,000 on October 2, 2007 and 16,000 on October 2, 2008.