FREDERICKS CARL M 4
4 · XATA CORP /MN/ · Filed Jan 18, 2005
Insider Transaction Report
Form 4
XATA CORP /MN/XATA
FREDERICKS CARL M
Director
Transactions
- Exercise/Conversion
Common Stock, $0.01 Par Value
2005-01-14$5.00/sh+1,250$6,250→ 26,326 total(indirect: See Note 2) - Exercise of In-Money
Stock Option
2005-01-14−1,250→ 0 totalExercise: $5.00From: 2000-01-10Exp: 2005-01-10→ Common Stock, $0.01 Par Value (1,250 underlying)
Footnotes (2)
- [F1]Optionee sent a valid Stock Option Exercise Certificate on January 4, 2005 via UPS 2nd Day Air service. The Exercise Certificate was not received until January 14, 2005, after the expiration of the Option on January 10, 2005. Notwithstanding the delay in receipt of notice of exercise and delivery of the exercise price, the Company has deemed the option exercise to be timely and has deemed the date of the transaction, for reporting purposes, as the date of receipt of the notice and payment, i.e., January 14, 2005.
- [F2]Share ownership includes 17,076 shares held by Carl M. Fredericks Revocable Trust UA 11/24/1976 and 9,250 shares held by Carl M. Fredericks SEP IRA.