SMITH TIM 3
3 · INSTINET GROUP INC · Filed Jul 10, 2003
Insider Transaction Report
Form 3
No transactions or holdings reported in this filing.
Footnotes (1)
- [F1]Options for 50,000 shares were granted on 06/23/03. Generally, options vest 25% one year following the date of grant and the remaining 75% vest pro rata on a monthly basis thereafter, resulting in 100% vesting on the fourth anniversary of the grant date. Mr. Smith was appointed Chief Accounting Officer by the Board of Directors of the Company on July 8, 2003.