4//SEC Filing
CLARK JAMES ALLAN 4
Accession 0001209191-06-041303
CIK 0001060801other
Filed
Jul 13, 8:00 PM ET
Accepted
Jul 14, 5:40 PM ET
Size
11.0 KB
Accession
0001209191-06-041303
Insider Transaction Report
Form 4
CRITICAL PATH INCCPTH.OB
CLARK JAMES ALLAN
EVP, CFO
Transactions
- Disposition to Issuer
Employee Stock Option (right-to-buy)
2006-06-28−350,000→ 0 totalExercise: $2.38Exp: 2014-02-08→ Common Stock (350,000 underlying) - Disposition to Issuer
Employee Stock Option (right-to-buy)
2006-06-28−20,000→ 0 totalExercise: $0.65Exp: 2014-11-04→ Common Stock (20,000 underlying) - Award
Employee Stock Option (right-to-buy)
2006-06-29+370,000→ 370,000 totalExercise: $0.20Exp: 2013-06-28→ Common Stock (370,000 underlying)
Footnotes (3)
- [F1]On December 27, 2005, the issuer accelerated the vesting of all outstanding options; therefore, these options which were outstanding prior to that date, were fully vested.
- [F2]On June 28, 2006 the reporting person agreed to cancellation of this option grant in exchange for a new option with a lower exercise price.
- [F3]This option was granted in exchange for the options that were cancelled as described in the above footnotes. This option has a 4 year monthly vest schedule, subject to 50% immediate acceleration, which results in full vesting in 2 years from the date of grant. These options are also subject to acceleration upon the occurrence of certain conditions in accordance with an employment agreement.
Documents
Issuer
CRITICAL PATH INC
CIK 0001060801
Entity typeother
Related Parties
1- filerCIK 0001279278
Filing Metadata
- Form type
- 4
- Filed
- Jul 13, 8:00 PM ET
- Accepted
- Jul 14, 5:40 PM ET
- Size
- 11.0 KB