MORGAN MICHAEL A 4
4 · BACKWEB TECHNOLOGIES LTD · Filed Jan 6, 2004
Insider Transaction Report
Form 4
MORGAN MICHAEL A
Chief Financial Officer
Transactions
- Award
Stock Options (Right to Buy)
2003-10-24$1.15/sh+40,000$46,000→ 290,000 totalExercise: $1.15From: 2004-10-24Exp: 2010-10-24→ Ordinary Shares (40,000 underlying)
Footnotes (1)
- [F1]25% one year from date of grant, and at the rate of 2.08% per month thereafter for the next three-year period until fully vested. Vesting start date is same as grant date (10/24/2003).