SMARTT WILLIAM M 4
4 · CRITICAL PATH INC · Filed Nov 24, 2003
Insider Transaction Report
Form 4
SMARTT WILLIAM M
EVP, CFO
Transactions
- Award
Sock Option (right to buy)
2003-11-21+500,000→ 500,000 totalExercise: $2.28Exp: 2013-11-21→ Common Stock (500,000 underlying)
Footnotes (2)
- [F1](1) The option vests over 4 years as follows, beginning on 11/21/03; 12.5% vests on six-month anniversary, and then 1/48th per month thereafter. These options are also subject to acceleration upon the trigger of certain conditions in accordance with an employment agreement.
- [F2]Not applicable.