MELCHER ROBERT L 4
4 · BRILLIAN CORP · Filed Oct 27, 2003
Insider Transaction Report
Form 4
BRILLIAN CORPBRLC
MELCHER ROBERT L
Chief Technology Officer
Transactions
- Other
Employee Stock Option (Right to Buy)
2003-09-16+2,500→ 2,500 totalExercise: $18.21From: 2003-09-16Exp: 2011-01-16→ Common Stock (2,500 underlying) - Other
Employee Stock Option (Right to Buy)
2003-09-16+28,031→ 28,031 totalExercise: $11.66From: 2003-09-16Exp: 2009-10-13→ Common Stock (28,031 underlying) - Other
Employee Stock Option (Right to Buy)
2003-09-16+4,000→ 4,000 totalExercise: $5.91From: 2003-09-16Exp: 2012-08-12→ Common Stock (4,000 underlying) - Other
Employee Stock Option (Right to Buy)
2003-09-16+3,001→ 3,001 totalExercise: $11.26From: 2003-09-16Exp: 2012-02-08→ Common Stock (3,001 underlying)
Footnotes (4)
- [F1]The options were acquired in connection with the pro rata distribution by Three-Five Systems, Inc. ("TFS") in its spin-off of Brillian Corporation. The grant of the options was intended to reflect the division of the pre-spin-off value of the TFS options into amended TFS options and new Brillian options.
- [F2]One-third of the total number of options granted have vested and are exercisable, and one-third of the options shall vest and become exercisable on each of 8/12/2004 and 8/12/2005.
- [F3]One-third of the total number of options granted have vested and are exercisable, and one-third of the options shall vest and become exercisable on each of 2/08/04 and 2/08/05.
- [F4]20% of the total number of options granted have vested and are exercisable; 30% of the options shall vest and become exercisable on 1/16/04; and 50% of the options shall vest and become exercisable on 1/16/05.