4//SEC Filing
Rector David Allan 4
Accession 0001209191-11-016402
CIK 0001142512other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 6:43 PM ET
Size
21.4 KB
Accession
0001209191-11-016402
Insider Transaction Report
Form 4
ZIPREALTY INCZIPR
Rector David Allan
SVP, CAO
Transactions
- Award
Employee Stock Option (Right to buy)
2011-03-05+30,000→ 30,000 totalExercise: $2.90From: 2012-03-05Exp: 2021-03-04→ Common Stock (30,000 underlying)
Holdings
- 11,807
Common Stock
- 7,500
Employee Stock Option (Right to buy)
Exercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (7,500 underlying) - 8,395
Employee Stock Option (Right to buy)
Exercise: $0.99From: 2003-04-01Exp: 2012-04-10→ Common Stock (8,395 underlying) - 116,667
Employee Stock Option (Right to buy)
Exercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (116,667 underlying) - 16,667
Employee Stock Option (Right to buy)
Exercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (16,667 underlying) - 30,000
Employee Stock Option (Right to buy)
Exercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (30,000 underlying) - 13,333
Employee Stock Option (Right to buy)
Exercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (13,333 underlying) - 20,000
Employee Stock Option (Right to buy)
Exercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (20,000 underlying) - 20,000
Employee Stock Option (Right to buy)
Exercise: $0.99From: 2003-10-01Exp: 2012-10-28→ Common Stock (20,000 underlying) - 20,000
Employee Stock Option (Right to buy)
Exercise: $4.90From: 2011-03-04Exp: 2020-03-03→ Common Stock (20,000 underlying) - 11,111
Employee Stock Option (Right to buy)
Exercise: $3.20From: 2009-08-01Exp: 2016-07-23→ Common Stock (11,111 underlying)
Footnotes (7)
- [F1]These shares include 4,000 shares of restricted stock granted on March 4, 2010, of which 2,000 shall vest on April 1, 2011, and 2,000 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).
- [F2]One-fourth of the shares subject to the option shall vest and become exercisable on March 5, 2012, and one forty-eighth of the shares shall vest and become exercisable on the first day of each calendar month thereafter.
- [F3]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.
- [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]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.
- [F6]An option to purchase 13,333 shares was orignally granted. One-fourth of the shares subject to the option vested and became exercisable on April 1, 2003, 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 October 1, 2003, 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 0001295011
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 6:43 PM ET
- Size
- 21.4 KB