ILL CHARLES 4
4 · BEA SYSTEMS INC · Filed Aug 27, 2003
Insider Transaction Report
Form 4
BEA SYSTEMS INCBEAS
ILL CHARLES
Executive VP, Worldwide Sales
Transactions
- Award
Common Stock
[F1]2003-08-25$0.01/sh+100,000$1,000→ 200,000 total - Award
Non-Qualified Stock Option (right to buy)
[F2]2003-08-25+100,000→ 100,000 totalExercise: $12.81From: 2004-08-25Exp: 2013-08-25→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Restricted Stock Award with a four year vest. 25% shall vest one year from the date of the Award and an additional 1/48th shall vest upon each monthly anniversary thereafter.
- [F2]25% of the Option shall vest and may be exercised upon the first anniversary of the Date of Grant and an additional 1/48th of the Option shall vest and may be exercised upon the monthly anniversary of the Date of Grant thereafter. The stock option is completely vested in four years.
Signature
By: William M. Klein For: Charles L. Ill|2003-08-27