4//SEC Filing
Sinclair William C 4
Accession 0001209191-09-037962
CIK 0001142512other
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 9:26 PM ET
Size
28.1 KB
Accession
0001209191-09-037962
Insider Transaction Report
Form 4
ZIPREALTY INCZIPR
Sinclair William C
EVP of Ops. and Bus. Dev.
Transactions
- Award
Employee Stock Option (Right to buy)
2009-07-24+15,000→ 15,000 totalExercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (15,000 underlying) - Award
Employee Stock Option (Right to buy)
2009-07-24+11,111→ 11,111 totalExercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (11,111 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2009-07-24−100,000→ 0 totalExercise: $7.11From: 2008-03-27Exp: 2017-03-26→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2009-07-24−25,000→ 0 totalExercise: $16.50From: 2005-12-16Exp: 2014-12-15→ Common Stock (25,000 underlying) - Award
Employee Stock Option (Right to buy)
2009-07-24+66,667→ 66,667 totalExercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (66,667 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2009-07-24−16,666→ 0 totalExercise: $7.50From: 2004-04-29Exp: 2014-03-28→ Common Stock (16,666 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2009-07-24−30,000→ 0 totalExercise: $8.40From: 2007-01-03Exp: 2016-01-02→ Common Stock (30,000 underlying) - Award
Employee Stock Option (Right to buy)
2009-07-24+12,500→ 12,500 totalExercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (12,500 underlying)
Holdings
- 83,333
Employee Stock Option (Right to buy)
Exercise: $0.99From: 2003-09-30Exp: 2012-10-28→ Common Stock (83,333 underlying) - 25,902
Common Stock
- 45,000
Employee Stock Option (Right to buy)
Exercise: $4.97From: 2009-05-21Exp: 2018-05-20→ Common Stock (45,000 underlying)
Footnotes (9)
- [F1]7,500 shares subject to the stock award shall vest on August 12, 2009, and 7,500 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]Pursuant to the option exchange program of ZipRealty, Inc. ("Issuer"), Issuer canceled a 10-year option granted to the reporting person with an exercise price between $4.59 and $7.99 per share. In exchange for every three Eligible Options surrendered at this exerise price, the reporting person received two New Options with a seven-year life at an exercise price of $3.20 per share, which was the closing sale price of Issuer's common stock on the NASDAQ Global Market on July 24, 2009. The New Options vest at the rate of 1/36 per month on the first date of each month until fully vested, subject to the reporting person remaining a service provider to Issuer.
- [F3]One forty-eighth of the shares subject to the option vested and became exercisable on April 29, 2004 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 vested and became exercisable on March 27, 2008, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
- [F5]Pursuant to the option exchange program of ZipRealty, Inc. ("Issuer"), Issuer canceled a 10-year option granted to the reporting person with an exercise price equal to or greater than $8.00 per share. In exchange for every two Eligible Options surrendered at this exercise price, the reporting person received one New Option with a seven-year life at an exercise price of $3.20 per share, which was the closing sale price of Issuer's common stock on the NASDAQ Global Market on July 24, 2009. The New Options vest at the rate of 1/36 per month on the first date of each month until fully vested, subject to the reporting person remaining a service provider to Issuer.
- [F6]One-fourth of the shares subject to the option vested and became exercisable on January 3, 2007 and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
- [F7]One-fourth of the shares subject to the option vested and became exercisable on December 16, 2005 and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
- [F8]One-fourth of the shares subject to the option vested and became exercisable on September 30, 2003 and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
- [F9]One-fourth of the shares subject to the option vested and became 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.
Documents
Issuer
ZIPREALTY INC
CIK 0001142512
Entity typeother
Related Parties
1- filerCIK 0001295014
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 9:26 PM ET
- Size
- 28.1 KB