LAMBERT WILLIAM H 4
4 · ARRIS GROUP INC · Filed Feb 10, 2004
Insider Transaction Report
Form 4
ARRIS GROUP INCARRS
LAMBERT WILLIAM H
Director
Transactions
- Exercise/Conversion
Common Stock
2004-02-06$2.00/sh+20,000$40,000→ 51,350 total - Exercise/Conversion
Exercise of stock options
2004-02-06$10.10/sh−20,000$202,000→ 0 totalExercise: $8.88From: 1995-03-01Exp: 2004-03-01→ Common Stock (20,000 underlying)
Holdings
- 5,000
Stock Option
Exercise: $8.12From: 2003-01-22Exp: 2012-01-22→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Total includes 28,350 stock units which convert to common stock on a one-for-one basis at a time predetermined at the time of grant.
- [F2]The options vest annually in fourths beginning on the first anniversary of the gran - gran date was January 22, 2002.
- [F3]The options vest annually in fourths beginning on 8/6/01 and is subject to certain circumstances. The expiration date is 8/6/11 and is also subject to acceleration in certain circumstances.