BAROUCH BENNETT 4
4 · IPASS INC · Filed Apr 29, 2004
Insider Transaction Report
Form 4
IPASS INCIPAS
BAROUCH BENNETT
VP Engineering
Transactions
- Exercise/Conversion
Employee Stock Option (Right to buy)
2004-04-27−6,000→ 194,000 totalExercise: $0.85From: 2003-07-25Exp: 2012-07-25→ Common Stock (6,000 underlying) - Exercise/Conversion
Common Stock
2004-04-27$0.85/sh+6,000$5,100→ 0 total - Sale
Common Stock
2004-04-27$12.00/sh−6,000$72,000→ 0 total
Footnotes (2)
- [F1]Sold pursuant to 10b5-1 plan.
- [F2]25% of the shares initially subject to the option vested on 7/24/2003 and 1/48th of the shares initially subject to the option vest on a monthly basis thereafter.