BOYD JAMES 4
4 · ESS TECHNOLOGY INC · Filed Jul 1, 2005
Insider Transaction Report
Form 4
BOYD JAMES
CFO, Assistant SecretaryOther
Transactions
- Award
Equity Incentive Stock Option Plan (Right to Buy)
2005-06-29+30,000→ 30,000 totalExercise: $4.12Exp: 2015-06-28→ Common Stock (30,000 underlying)
Holdings
- 2,508
Common Stock
Footnotes (5)
- [F1]Includes 371 shares of Common Stock purchased on April 29, 2005 through the Issuer's Employee Stock Purchase Plan.
- [F2]1/12th of 5,000 shares vest monthly on the 3rd day of each month commencing July 3, 2005 through June 3, 2006; 1/12th of 15,000 shares vest monthly on the 3rd day of each month commencing on July 3, 2006 through June 3, 2007; 1/12th of 10,000 shares vest monthly on the 3rd day of each month commencing July 3, 2007 through June 3, 2008.
- [F3]On December 28, 2004, the Issuer canceled, pursuant to the Issuer's option exchange program, a ten-year option granted to the reporting person on June 3, 2004 to purchase 30,000 shares at a purchase price of $10.87 per share. In exchange, the reporting person received the option reported herein.
- [F4]1/12th of 20,000 shares were fully vested on the date of grant; 1/12th of 20,000 shares vest monthly on the 3rd day of each month commencing July 3, 2005 through May 3, 2006; 1/12th of 10,000 shares vest monthly on the 3rd day of each month commencing June 3, 2006 through May 3, 2007.
- [F5]On December 28, 2004, the Issuer canceled, pursuant to the Issuer's option exchange program, a ten-year option granted to the reporting person on May 3, 2002 to purchase 30,000 shares at a purchase price of $14.02 per share. In exchange, the reporting person received the option reported herein.