TUMBLEWEED COMMUNICATIONS CORP 4
4 · TUMBLEWEED COMMUNICATIONS CORP · Filed Jul 6, 2005
Insider Transaction Report
Form 4
BRENNAN CRAIG
DirectorPresident and CEO
Transactions
- Award
Stock Option (Right to Buy)
2005-06-30$2.60/sh+2,250,000$5,850,000→ 2,250,000 totalExercise: $2.60Exp: 2015-06-30→ Common Stock (2,250,000 underlying)
Footnotes (1)
- [F1]The shares subject to the option shall vest and become exercisable at a rate of twenty-five percent (25%) on the first anniversary of the vesting commencement date of June 30, 2005, and one forty-eighth (1/48th) per month thereafter.