IPASS INC 4
4 · IPASS INC · Filed Jun 4, 2007
Insider Transaction Report
Form 4
IPASS INCIPAS
LAL ANURAG
Chief BD and Sales Officer
Transactions
- Exercise/Conversion
Common Stock
2007-05-31$0.50/sh+10,000$5,000→ 0 total - Sale
Common Stock
2007-05-31$5.34/sh−10,000$53,408→ 48,750 total - Exercise/Conversion
Employee Stock Option (right to buy)
2007-05-31−10,000→ 62,000 totalExercise: $0.50From: 2002-11-01Exp: 2011-12-13→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Sold pursuant to 10b5-1 plan.
- [F2]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.
- [F3]Intentionally left blank pursuant to SEC rules.