Ballantyne Scott S 4
4 · INFOCUS CORP · Filed Feb 28, 2005
Insider Transaction Report
Form 4
INFOCUS CORPINFS
Ballantyne Scott S
Chief Marketing Officer
Transactions
- Award
Employee Stock Option (right-to-buy)
2005-02-28+50,000→ 50,000 totalExercise: $6.40From: 2006-02-28Exp: 2010-02-28→ Common Stock (50,000 underlying) - Award
Common Stock (restricted shares)
2005-02-28+60,000→ 60,000 total
Footnotes (2)
- [F1]Shares of restricted stock issued under InFocus Corporation 1998 Stock Incentive Plan and subject to 4 year vesting schedule, with 25% vesting on the first anniversary of grant date and an additional 25% vesting on each of the second, third and fourth anniversaries of the grant date.
- [F2]Option becomes exercisable as to 25% of the total shares one year from the date of grant, and as to an additional 1/48 each month thereafter.