ZIPREALTY INC 4
4 · ZIPREALTY INC · Filed May 21, 2008
Insider Transaction Report
Form 4
ZIPREALTY INCZIPR
Sommer Richard F
Director
Transactions
- Award
Stock Option (Right to Buy)
2008-05-21+6,666→ 6,666 totalExercise: $4.97From: 2009-05-21Exp: 2018-05-20→ Common Stock (6,666 underlying)
Holdings
- 1,250,000
Employee Stock Option (Right to Buy)
Exercise: $6.06From: 2007-09-06Exp: 2016-09-06→ Common Stock (1,250,000 underlying)
Footnotes (2)
- [F1]All of the shares subject to the option shall vest and become exercisable on May 21, 2009, subject to the director's continued service.
- [F2]One-fourth of the shares subject to the option vested and became exercisable on September 6, 2007 and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter. Some or all of the shares subject to the option may also vest and become exercisable earlier in time under certain qualifying terminations of employment.