REDENVELOPE INC 4
4 · REDENVELOPE INC · Filed Sep 30, 2003
Insider Transaction Report
Form 4
REDENVELOPE INCREDE
DUNN MICHAEL E
Director
Transactions
- Conversion
Option (Right to Purchase)
2002-09-30−1→ 0 totalExercise: $1.52From: 2002-09-30→ Series A Preferred Stock (12,532 underlying)
Footnotes (4)
- [F1]The reporting person is a party to an option agreement under which Scott Galloway and R. Ian Chaplin have agreed to sell to the reporting person 12,532 shares of Series A Preferred Stock of the Issuer upon exercise of the option by the reporting person. Upon the closing of the initial public offering of the Issuer's Common Stock, all outstanding shares of Preferred Stock of the Issuer converted into shares of Common Stock of the Issuer and the option is now exercisable for 12,532 shares of Common Stock of the Issuer.
- [F2]Immediately exercisable.
- [F3]The option expires on the earlier to occur of (a) February 28, 2009 and (b) 60 days following the termination of Mr. Dunn's employment with Prophet Brand Strategies.
- [F4]Per SEC instruction, column left blank.