FREDENBURG WESLEY C 4
4 · XATA CORP /MN/ · Filed Dec 23, 2008
Insider Transaction Report
Form 4
XATA CORP /MN/XATA
FREDENBURG WESLEY C
General Counsel and Secretary
Transactions
- Disposition to Issuer
Stock Option
2008-12-19−40,000→ 0 totalExercise: $2.99Exp: 2013-02-06→ Common stock, $0.01 par value (40,000 underlying) - Award
Stock Option
2008-12-19+40,000→ 40,000 totalExercise: $2.99Exp: 2018-02-06→ Common stock, $0.01 par value (40,000 underlying)
Footnotes (2)
- [F1]The reported transactions involve the amendment of outstanding employee stock options to extend the expiration date of each by five years, resulting in the deemed cancellation of each "old" option and the deemed grant of a "replacement" option for each. No other terms of the option award were amended.
- [F2]Shares under this award become exercisable as follows: 13,334 shares on February 6, 2009, 13,333 shares on February 6, 2010 and 13,333 shares on February 6, 2011.