LAL ANURAG 4
4 · IPASS INC · Filed Aug 25, 2006
Insider Transaction Report
Form 4
IPASS INCIPAS
LAL ANURAG
Chief BD and Sales Officer
Transactions
- Sale
Common Stock
2006-08-24$4.22/sh−2,000$8,440→ 0 total - Sale
Common Stock
2006-08-24$4.22/sh−8,000$33,760→ 11,250 total - Exercise/Conversion
Common Stock
2006-08-24$0.50/sh+8,000$4,000→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-08-24+8,000→ 192,000 totalExercise: $0.50From: 2002-11-01Exp: 2011-12-13→ Common Stock (8,000 underlying)
Footnotes (4)
- [F1]Sold pursuant to 10b5-1 plan.
- [F2]Restriced stock shares awarded on 5/11/06.
- [F3]25% of the shares initially subject to the option vested on 11/01/2002 and 1/48th of the shares initially subject to the option vest on a monthly basis thereafter.
- [F4]Intentionally left blank pursuant to SEC rules.