VITRIA TECHNOLOGY INC 4
4 · VITRIA TECHNOLOGY INC · Filed Mar 12, 2007
Insider Transaction Report
Form 4
Yepez Juan Alberto
Director
Transactions
- Disposition to Issuer
Option (right to buy)
2007-03-07−25,000→ 0 totalExercise: $2.99Exp: 2008-07-06→ Common Stock (25,000 underlying) - Disposition to Issuer
Option (right to buy)
2007-03-07−15,000→ 0 totalExercise: $3.50Exp: 2014-11-04→ Common Stock (15,000 underlying)
Footnotes (4)
- [F1]1/36th of the shares subject to the option will vest in equal monthly installments beginning on August 6, 2004.
- [F2]1/36th of the shares subject to the option will vest in equal monthly installments beginning on October 30, 2004.
- [F3]1/36th of the shares subject to the option will vest in equal monthly installments beginning on August 31, 2005.
- [F4]Pursuant to that certain Agreement and Plan of Merger, dated September 20, 2006, between Issuer, Innovation Technology Group, Inc. and ITG Acquisition, Inc., each stock option outstanding at the effective time of the merger, whether or not then vested or exercisable, was accelerated in accordance with the terms of the 1999 Equity Incentive Plan and cancelled.