Daines JB 4
4 · INFOCUS CORP · Filed Jan 5, 2006
Insider Transaction Report
Form 4
INFOCUS CORPINFS
Daines JB
VP Sales EMEA
Transactions
- Award
Employee Stock Option (right-to-buy)
2006-01-03+20,000→ 20,000 totalExercise: $3.95From: 2007-01-03Exp: 2011-01-03→ Common Stock (20,000 underlying) - Award
Performance Stock Option (right-to-buy)
2006-01-03+15,000→ 15,000 totalExercise: $3.95From: 2007-02-03Exp: 2011-01-03→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Option becomes exercisable as to 40% of the total shares one year from the date of grant, and as to an additional 2.5% each month thereafter.
- [F2]Option becomes exercisable on February 3, 2007 as to up to 40% of the total shares if the Company achieves certain operating income goals, and as to up to an additional 2.6% of the total shares each month thereafter.