BERCOVICH LARRY S 4
4 · ZIPREALTY INC · Filed Feb 17, 2009
Insider Transaction Report
Form 4
ZIPREALTY INCZIPR
BERCOVICH LARRY S
VP, GC & Secretary
Transactions
- Award
Common Stock
2009-02-12+6,500→ 6,500 total
Holdings
- 30,000
Employee Stock Option (Right to Buy)
Exercise: $4.97From: 2009-05-21Exp: 2018-05-20→ Common Stock (30,000 underlying) - 50,000
Employee Stock Option (Right to Buy)
Exercise: $6.68From: 2008-08-27Exp: 2017-08-26→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]3,250 shares subject to the stock award shall vest on August 12, 2009, and 3,250 shares shall vest on February 12, 2010, in accordance with the terms of a Restricted Stock Award Agreement entered into under the Company's 2004 Equity Incentive Plan. This vesting schedule is subject to the employee remaining in a service relationship with the Company on such dates and also to change-of-control terms contained in separate agreement(s).
- [F2]N/A
- [F3]One-fourth of the shares subject to the option shall vest and become exercisable on August 27, 2008, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
- [F4]One-fourth of the shares subject to the option shall vest and become exercisable on May 21, 2009, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.