WOOD GREGORY S 4
4 · LIBERATE TECHNOLOGIES · Filed Apr 11, 2005
Insider Transaction Report
Form 4
WOOD GREGORY S
Executive VP and CFO
Transactions
- Other
Common Stock
2005-04-08+1,300,000→ 1,447,911 total - Exercise/Conversion
Common Stock
2005-04-07+120,000→ 147,911 total - Other
Employee Stock Option (right to buy)
2005-04-08−1,300,000→ 0 totalExercise: $1.75From: 2005-04-08Exp: 2013-03-14→ Common Stock (1,300,000 underlying) - Exercise/Conversion
Stock Units
2005-04-07−120,000→ 0 total→ Common Stock (120,000 underlying)
Footnotes (3)
- [F1]Adjustment of the outstanding option in connection with the Issuer's extraordinary dividend resulted in the cancellation of the option in exchange for one share of common stock and $0.35 in cash.
- [F2]Each stock unit converted into one share of common stock upon vesting.
- [F3]Award vesting accelerated pursuant to the terms of the reporting person's employment agreement with the Issuer.