4//SEC Filing
Yakominich Robert John 4
Accession 0001209191-10-009725
CIK 0001142512other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 8:23 PM ET
Size
11.8 KB
Accession
0001209191-10-009725
Insider Transaction Report
Form 4
ZIPREALTY INCZIPR
Yakominich Robert John
SVP, Sales
Transactions
- Tax Payment
Common Stock
2010-02-12$4.57/sh−3,278$14,980→ 13,586 total
Holdings
- 50,000
Employee Stock Option (Right to Buy)
Exercise: $4.17From: 2010-09-09Exp: 2019-09-08→ Common Stock (50,000 underlying) - 30,000
Employee Stock Option (Right to Buy)
Exercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Comon Stock (30,000 underlying) - 130,000
Employee Stock Option (Right to Buy)
Exercise: $6.68From: 2008-08-20Exp: 2017-08-19→ Common Stock (130,000 underlying)
Footnotes (6)
- [F1]These shares include 15,000 shares of restricted stock granted on February 12, 2009, of which 7,500 vested on August 12, 2009, and 7,500 vested on February 12, 2010, less 3,278 shares surrendered herein, and 2,682 shares previously surrendered, to satisfy a tax withholding obligation on those vested shares, in accordance with the terms of the related Restricted Stock Award Agreement. 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]These shares include 4,201 shares of restricted stock granted on August 21, 2009, of which 2,072 shares vested on January 1, 2010, and 2,071 shares shall vest on July 1, 2010, less 912 shares previously surrendered to satisfy a tax withholding obligation on those vested shares, 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).
- [F3]These shares include 1,315 shares of restricted stock granted on January 15, 2010. All of the shares subject to the stock award shall vest on July 1, 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).
- [F4]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.
- [F5]One-fourth of the shares subject to the option vested and became exercisable on August 20, 2008, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
- [F6]One-fourth of the shares subject to the option shall vest and become exercisable on September 9, 2010, 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 0001410721
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 8:23 PM ET
- Size
- 11.8 KB