LORBER EREZ 4
4 · BACKWEB TECHNOLOGIES LTD · Filed Jan 6, 2004
Insider Transaction Report
Form 4
LORBER EREZ
Chief Execuitve Officer
Transactions
- Award
Stock OPtions (Right to Buy)
2004-01-01$1.15/sh+400,000$460,000→ 847,000 totalExercise: $1.15From: 2004-12-31Exp: 2010-01-01→ Ordinary Shares (400,000 underlying)
Footnotes (1)
- [F1]25% vests and becomes exercisable on December 31, 2004, and then ratably on a monthly basis thereafter for a period of three (3) years until fully vested.