HOOPER JOAN 4
4 · FREEMARKETS INC · Filed Sep 9, 2003
Insider Transaction Report
Form 4
FREEMARKETS INCFMKT
HOOPER JOAN
EVP and CFO
Transactions
- Sale
Common Stock, par value, $.01 per share
2003-09-08$9.49/sh−25,000$237,250→ 2,800 total - Exercise/Conversion
Common Stock, par value, $.01 per share
2003-09-08$4.03/sh+25,000$100,750→ 27,800 total - Exercise/Conversion
Common Stock, par value, $.01 per share
2003-09-09$4.03/sh+12,500$50,375→ 15,300 total - Sale
Common Stock, par value, $.01 per share
2003-09-09$9.75/sh−12,500$121,863→ 2,800 total - Exercise/Conversion
Stock Options (right to buy)
2003-09-08$4.03/sh+25,000$100,750→ 745,000 totalExercise: $4.03From: 2003-04-28Exp: 2013-01-28→ Stock Options (right to buy) (25,000 underlying) - Exercise/Conversion
Stock Options (right to buy)
2003-09-09$4.03/sh+12,500$50,375→ 732,500 totalExercise: $4.03From: 2003-04-28Exp: 2013-01-28→ Stock Options (right to buy) (12,500 underlying)
Footnotes (3)
- [F1]Options to purchase 210,000 shares have an exercise price of $14.80 per share; options to purchase 80,000 shares have an exercise price of $17.50; options to purchase 100,000 shares have an exercise price of $13.26; options to purchase 80,000 shares have an exercise price of $11.19 per share; and options to purchase 262,500 shares have an exercise price of $4.03 per share.
- [F2]Options to purchase 210,000 shares vest as follows: options to purchase 120,000 shares are currently exercisable, and options to purchase 90,000 shares vest in 2 equal annual installments beginning on Sept. 13, 2003. Options to purchase 80,000 shares vest as follows: options to purchase 40,000 are currently exercisable, and options to purchase 40,000 shares vest in 10 equal quarterly installments beginning on Sept. 30, 2003. Options to purchase 100,000 shares vest as follows: options to purchase 40,000 are currently exercisable and 60,000 shares vest in 3 equal annual installments beginning on June 19, 2004. Options to purchase 80,000 shares vest as follows: options to purchase 20,000 are currently exercisable and 60,000 shares vest in 12 equal quarterly installments beginning on Sept. 21, 2003. Options to purchase 262,500 shares vest in 14 equal quarterly installments beginning on Oct. 28, 2003.
- [F3]Options to purchase 210,000 shares expire on September 13, 2009; options to purchase 80,000 shares expire on January 8, 2011; options to purchase 100,000 shares expire on June 9, 2011; options to purchase 80,000 shares expire on June 21, 2012; and options to purchase 262,500 shares expire on January 28, 2013.