ELLIS STEPHEN W 4
4 · COMTEX NEWS NETWORK INC · Filed Aug 19, 2003
Insider Transaction Report
Form 4
ELLIS STEPHEN W
DirectorChairman/Chief Executive Off.
Transactions
- Award
Stock Option (right to buy)
2003-07-31$0.26/sh+575,000$149,500→ 1,535,000 totalExercise: $0.26From: 2003-07-31Exp: 2013-07-30→ Common Stock (575,000 underlying) - Award
Stock Option (right to buy)
2003-07-01$0.26/sh+250,000$65,000→ 960,000 totalExercise: $0.26From: 2003-07-01Exp: 2013-06-30→ Common Stock (250,000 underlying)
Holdings
- 300,000
Common Stock
Footnotes (2)
- [F1]Grant to reporting person of option to buy 250,000 shares of Common Stock pursuant to the Comtex News Network, Inc. 2003 Stock Incentive Plan. Options are fully vested.
- [F2]Grant to reporting person of option to buy 575,000 shares of Common Stock pursuant to the Comtex News Network, Inc. 1995 Stock Option Plan. Option becomes exercisable at 25,000 shares per month for 23 consecutive months starting August 31, 2003.