INSTINET GROUP INC 4
4 · INSTINET GROUP INC · Filed Feb 11, 2004
Insider Transaction Report
Form 4
GOLDMAN ANDREW
Executive Vice President
Transactions
- Award
Options (right to buy)
2004-02-09+150,000→ 511,720 totalExercise: $6.14From: 2005-01-28Exp: 2011-01-28→ Common Stock (150,000 underlying)
Footnotes (1)
- [F1]On January 28, 2004, the Compensation Committee of the Corporation approved a grant of options under the Instinet 2000 Stock Option Plan to be subsequently allocated to senior management and key employees. On February 9, 2004, the Compensation Committee specifically approved the option allocations to senior management and key employees by unanimous written consent. Mr. Goldman received an allocation of 150,000 options on February 9, 2004. These options vest 50% twelve months following the date of grant and the remaining 50% vest pro rata on a monthly basis thereafter, resulting in 100% vesting on a date that is 4 years following the date of grant.