CRITICAL PATH INC 4
4 · CRITICAL PATH INC · Filed May 25, 2004
Insider Transaction Report
Form 4
PALOMBA MARK E
EVP, WW Services and Support
Transactions
- Award
Stock Option (right to buy)
2004-05-24+350,000→ 350,000 totalExercise: $1.87Exp: 2014-05-24→ Common Stock (350,000 underlying)
Footnotes (2)
- [F1]This option vests over 4 years as follows: 12.5% vests on six-month anniversary and then 1/48th per month thereafter. These options are also subject to acceleration upon the trigger of certain conditions in accordance wth an employment agreement.
- [F2](2) Not applicable.