FARRELL JAMES T 4
4 · LoopNet, Inc. · Filed May 12, 2010
Insider Transaction Report
Form 4
LoopNet, Inc.LOOP
FARRELL JAMES T
Director10% Owner
Transactions
- Award
Stock Option (Right to Buy)
2010-05-11+10,500→ 10,500 total(indirect: Calera Capital Advisors, L.P.)Exercise: $10.72From: 2011-05-11Exp: 2017-05-10→ Common Stock (10,500 underlying)
Footnotes (3)
- [F1]Pursuant to the Issuer's Director Compensation Policy, Option was automatically granted on the date of the Issuer's 2010 Annual Meeting of Stockholders.
- [F2]100% of the shares subject to the option shall vest on the earlier of (i) the one year anniversary of the date of grant and (ii) the date immediately preceding the date of the Issuer's 2011 Annual Meeting of Stockholders, subject to the Reporting Person's continued service to the Issuer through the vesting date.
- [F3]Pursuant to an agreement between the Reporting Person and Calera Capital Advisors, L.P. ("Calera Capital"), the Reporting Person has ceded all beneficial ownership over this Option to Calera Capital, except to the extent of his pecuniary interest as partner in Calera Capital.