Home/Filings/4/0001209191-10-015385
4//SEC Filing

Combes Genevieve Claire 4

Accession 0001209191-10-015385

CIK 0001142512other

Filed

Mar 7, 7:00 PM ET

Accepted

Mar 8, 7:35 PM ET

Size

21.9 KB

Accession

0001209191-10-015385

Insider Transaction Report

Form 4
Period: 2010-03-04
Combes Genevieve Claire
SVP, Tech. & Ops. Strategy
Transactions
  • Award

    Stock Option (right to buy)

    2010-03-04+35,00035,000 total
    Exercise: $4.90From: 2011-03-04Exp: 2020-03-03Common Stock (35,000 underlying)
  • Award

    Common Stock

    2010-03-04$4.90/sh+8,000$39,20021,282 total
Holdings
  • Stock Option (right to buy)

    Exercise: $7.11From: 2008-03-27Exp: 2017-03-26Common Stock (40,000 underlying)
    40,000
  • Stock Option (right to buy)

    Exercise: $3.20From: 2009-08-01Exp: 2016-07-23Common Stock (4,167 underlying)
    4,167
  • Stock Option (right to buy)

    Exercise: $4.97From: 2009-05-21Exp: 2018-05-20Common Stock (45,000 underlying)
    45,000
  • Stock Option (right to buy)

    Exercise: $3.20From: 2009-08-01Exp: 2016-07-23Common Stock (5,834 underlying)
    5,834
  • Stock Option (right to buy)

    Exercise: $5.97From: 2007-08-09Exp: 2016-08-08Common Stock (40,000 underlying)
    40,000
  • Stock Option (right to buy)

    Exercise: $3.20From: 2009-08-01Exp: 2016-07-23Common Stock (2,500 underlying)
    2,500
  • Stock Option (right to buy)

    Exercise: $3.20From: 2009-08-01Exp: 2016-07-23Common Stock (40,000 underlying)
    40,000
  • Stock Option (right to buy)

    Exercise: $3.20From: 2009-08-01Exp: 2016-07-23Common Stock (10,000 underlying)
    10,000
Footnotes (10)
  • [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 5,969 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).
  • [F10]One-fourth of the shares subject to the option vested and became exercisable on August 9, 2007, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
  • [F2]These shares include 3,764 shares of restricted stock granted on August 21, 2009, of which 1,882 vested on January 1, 2010, and 1,882 shall vest on July 1, 2010, less 828 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).
  • [F3]These shares include 1315 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]These shares include 8,000 shares of restricted stock granted on March 4, 2010, of which 4,000 shall vest on April 1, 2011, and 4,000 shall vest on April 1, 2012, 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).
  • [F5]One-fourth of the shares subject to the option shall vest and become exercisable on March 4, 2011, 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 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.
  • [F7]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.
  • [F8]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.
  • [F9]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.

Issuer

ZIPREALTY INC

CIK 0001142512

Entity typeother

Related Parties

1
  • filerCIK 0001383909

Filing Metadata

Form type
4
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 7:35 PM ET
Size
21.9 KB