PATEL JAYENDRA 4
4 · IPASS INC · Filed Dec 21, 2009
Insider Transaction Report
Form 4
IPASS INCIPAS
PATEL JAYENDRA
SVP, Product Development
Transactions
- Award
Employee Stock Option (Right to buy)
2009-12-18+200,000→ 200,000 totalExercise: $0.72From: 2010-03-18Exp: 2019-03-18→ Common Stock (200,000 underlying) - Award
Employee Stock Option (Right to buy)
2009-12-18+566→ 566 totalExercise: $0.95From: 2010-03-18Exp: 2019-03-18→ Common Stock (566 underlying) - Award
Employee Stock Option (Right to buy)
2009-12-18+13,675→ 13,675 totalExercise: $0.95From: 2010-03-18Exp: 2019-03-18→ Common Stock (13,675 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2009-12-18−22,093→ 0 totalExercise: $1.37From: 2010-03-18Exp: 2019-03-18→ Common Stock (22,093 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2009-12-18−200,000→ 0 totalExercise: $0.80From: 2010-03-18Exp: 2019-03-18→ Common Stock (200,000 underlying) - Award
Employee Stock Option (Right to buy)
2009-12-18+22,093→ 22,093 totalExercise: $1.24From: 2010-03-18Exp: 2019-03-18→ Common Stock (22,093 underlying)
Footnotes (2)
- [F1]The two reported transacations involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The amendment of the option was made in connection with a $0.16/share special dividend payable to stockholders of record as of December 4, 2009. The replacement option has the same vesting schedule as the "old" option.
- [F2]The grant was made in connection with a $0.16/share special dividend payable to stockholders of record as of December 4, 2009. The shares were granted with the same vesting schedule as the corresponding replacement option grant.