Clapman Peter 4

4 · IPASS INC · Filed Dec 22, 2010

Insider Transaction Report

Form 4

Period: 2010-12-21

IPASS INCIPAS

Clapman Peter

Director

Transactions

Award
Stock Option (Right to Buy)
2010-12-21+15,000→ 15,000 total
Exercise: $1.02From: 2010-12-21Exp: 2020-06-08→ Common Stock (15,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+120→ 120 total
Exercise: $1.17From: 2010-12-21Exp: 2020-06-08→ Common Stock (120 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+30,000→ 30,000 total
Exercise: $3.78From: 2010-12-21Exp: 2017-02-21→ Common Stock (30,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−15,000→ 0 total
Exercise: $4.24From: 2010-12-21Exp: 2017-06-07→ Common Stock (15,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+15,000→ 15,000 total
Exercise: $4.00From: 2010-12-21Exp: 2017-06-07→ Common Stock (15,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−4→ 0 total
Exercise: $0.95From: 2010-12-21Exp: 2018-05-29→ Common Stock (4 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+4→ 4 total
Exercise: $0.90From: 2010-12-21Exp: 2010-05-29→ Common Stock (4 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−174→ 0 total
Exercise: $1.24From: 2010-12-21Exp: 2010-05-29→ Common Stock (174 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+174→ 174 total
Exercise: $1.17From: 2010-12-21Exp: 2010-05-29→ Common Stock (174 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−15,000→ 0 total
Exercise: $1.73From: 2010-12-21Exp: 2010-05-29→ Common Stock (15,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−384→ 0 total
Exercise: $0.95From: 2010-12-21Exp: 2019-06-24→ Common Stock (268 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+24→ 0 total
Exercise: $0.95From: 2010-12-21Exp: 2019-06-24→ Common Stock (24 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−15,000→ 0 total
Exercise: $1.24From: 2010-12-21Exp: 2019-06-24→ Common Stock (15,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−959→ 0 total
Exercise: $1.24From: 2010-12-21Exp: 2019-06-24→ Common Stock (959 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−15,000→ 0 total
Exercise: $1.08From: 2010-12-21Exp: 2020-06-08→ Common Stock (15,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+15,000→ 15,000 total
Exercise: $1.02From: 2010-12-21Exp: 2020-06-08→ Common Stock (15,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+120→ 120 total
Exercise: $1.17From: 2010-12-21Exp: 2020-06-08→ Common Stock (120 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−15,000→ 0 total
Exercise: $1.08From: 2010-12-21Exp: 2020-06-08→ Common Stock (15,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2010-12-21−30,000→ 0 total
Exercise: $4.00From: 2010-12-21Exp: 2017-02-21→ Common Stock (30,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+15,000→ 15,000 total
Exercise: $1.63From: 2010-12-21Exp: 2010-05-29→ Common Stock (15,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+384→ 268 total
Exercise: $0.90From: 2010-12-21Exp: 2019-06-24→ Common Stock (268 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+24→ 24 total
Exercise: $0.90From: 2010-12-21Exp: 2019-06-24→ Common Stock (24 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+15,000→ 15,000 total
Exercise: $1.17From: 2010-12-21Exp: 2019-06-24→ Common Stock (15,000 underlying)
Award
Stock Option (Right to Buy)
2010-12-21+959→ 959 total
Exercise: $1.17From: 2010-12-21Exp: 2019-06-24→ Common Stock (959 underlying)

Footnotes (2)

[F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The amendemnt of the option was made in connection with a $0.07/share special dividend payable to stockholders of record as of November 18, 2010. The replacement option has the same vesting schedule as the "old" option.
[F2]The grant was made in connection with a $0.07/share special dividend payable to stockholders of record as of Novermber 18, 2010. The shares were granted with the same vesting schedule as the corresponding replacement option grant.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION