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4//SEC Filing

CRANDALL WAYNE 4

Accession 0001218327-03-000003

CIK 0001002517other

View on SEC.gov Company Profile

Filed

Sep 11, 8:00 PM ET

Accepted

Sep 12, 4:45 PM ET

Size

26.7 KB

Accession

0001218327-03-000003

Insider Transaction Report

Form 4

Period: 2003-09-12

SCANSOFT INCSSFT

Sr. V.P. Sales and Marketing

Transactions

Exercise/Conversion
Common Stock
2003-09-11$0.61/sh+7,000$4,270→ 35,000 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-09-11−7,000→ 93,796 total
Exercise: $0.61From: 1998-06-01Exp: 2008-06-01→ Common Stock (7,000 underlying)
Sale
Common Stock
2003-09-11$4.32/sh−7,000$30,240→ 28,000 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-09-11−11,152→ 100,796 total
Exercise: $0.61From: 1998-06-01Exp: 2008-06-01→ Common Stock (11,152 underlying)
Exercise/Conversion
Common Stock
2003-09-11$0.61/sh+11,152$6,803→ 39,152 total
Sale
Common Stock
2003-09-11$4.35/sh−11,152$48,511→ 28,000 total

Holdings

Non-Qualified Stock Option (right to buy)
Exercise: $2.19From: 2000-09-30Exp: 2009-09-30→ Common Stock (75,000 underlying)
75,000
Non-Qualified Stock Option (right to buy)
Exercise: $5.36From: 2002-08-31Exp: 2012-04-29→ Common Stock (113,125 underlying)
113,125
Non-Qualified Stock Option (right to buy)
Exercise: $1.63From: 2000-03-02Exp: 2009-03-02→ Common Stock (142,588 underlying)
142,588
Non-Qualified Stock Option (right to buy)
Exercise: $6.97From: 2003-06-14Exp: 2012-06-14→ Common Stock (100,000 underlying)
100,000
Non-Qualified Stock Option (right to buy)
Exercise: $0.61From: 1999-06-01Exp: 2008-07-17→ Common Stock (7,094 underlying)
7,094
Non-Qualified Stock Option (right to buy)
Exercise: $1.28From: 2001-08-18Exp: 2010-08-18→ Common Stock (150,000 underlying)
150,000
Non-Qualified Stock Option (right to buy)
Exercise: $4.01From: 2004-02-17Exp: 2013-02-17→ Common Stock (50,000 underlying)
50,000

Footnotes (7)

[F1]These shares were sold pursuant to a 10b5-1 Sales Plan.
[F2]The shares vest at 25% annually, commencing one year after the date of grant.
[F3]The shares vest at 25% annually, commencing on 6/1/99.
[F4]100% of the shares shall vest on the first anniversary date of the grant date.
[F5]These options vest 25% on first anniversary date and monthly thereafter for a total 4 year vest period.
[F6]These options vest 12.50% 3 months from date of grant and monthly thereafter for a total two year vest period.
[F7]These holdings represent a combination of two stock grants. One option for 13,125 shares are exercisable 50% on 8/31/02 and remaining 50% on 2/28/03. The other option for 100,000 shares are exercisable 25% on first anniversary date of grant and 1/48 of the shares subject to the option shall vest monthly thereafter for a total 4 year vest period.

Documents

2 files

Issuer

SCANSOFT INC

CIK 0001002517

Entity typeother

Related Parties

1

filerCIK 0001218327

Filing Metadata

Form type: 4
Filed: Sep 11, 8:00 PM ET
Accepted: Sep 12, 4:45 PM ET
Size: 26.7 KB

View on SEC.gov