Home/Filings/4/0001209191-06-041320
4//SEC Filing

Zukerman Michael J 4

Accession 0001209191-06-041320

CIK 0001060801other

Filed

Jul 13, 8:00 PM ET

Accepted

Jul 14, 6:11 PM ET

Size

19.8 KB

Accession

0001209191-06-041320

Insider Transaction Report

Form 4
Period: 2006-06-28
Transactions
  • Disposition to Issuer

    Employee Stock Option (right-to-buy

    2006-06-2875,0000 total
    Exercise: $1.56Exp: 2011-01-08Common Stock (75,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right-to-buy

    2006-06-2822,2660 total
    Exercise: $1.44Exp: 2011-07-30Common Stock (22,266 underlying)
  • Award

    Employee Stock Option (right-to-buy

    2006-06-29+192,672192,672 total
    Exercise: $0.20Exp: 2013-06-28Common Stock (192,672 underlying)
  • Disposition to Issuer

    Employee Stock Option (right-to-buy

    2006-06-2812,5000 total
    Exercise: $3.52Exp: 2012-07-30Common Stock (12,500 underlying)
  • Disposition to Issuer

    Employee Stock Option (right-to-buy

    2006-06-2837,5000 total
    Exercise: $3.48Exp: 2011-10-22Common Stock (37,500 underlying)
  • Disposition to Issuer

    Employee Stock Option (right-to-buy

    2006-06-2850,8120 total
    Exercise: $4.52Exp: 2011-11-08Common Stock (50,812 underlying)
  • Disposition to Issuer

    Employee Stock Option (right-to-buy

    2006-06-2820,0000 total
    Exercise: $0.65Exp: 2014-11-04Common Stock (20,000 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.

Issuer

CRITICAL PATH INC

CIK 0001060801

Entity typeother

Related Parties

1
  • filerCIK 0001289886

Filing Metadata

Form type
4
Filed
Jul 13, 8:00 PM ET
Accepted
Jul 14, 6:11 PM ET
Size
19.8 KB