ASHBURN TOM 4
4 · BEA SYSTEMS INC · Filed May 27, 2004
Insider Transaction Report
Form 4
BEA SYSTEMS INCBEAS
ASHBURN TOM
Executive VP, WW Services
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-05-25+200,000→ 200,000 totalExercise: $8.25From: 2005-05-25Exp: 2014-05-25→ Common Stock (200,000 underlying) - Award
Non-Qualified Stock Option (right to buy)
2004-05-25+100,000→ 300,000 totalExercise: $8.25From: 2005-05-25Exp: 2014-05-25→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]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.
- [F2]100% of the Number of options shall vest and will be exercisable on the one year anniversary of the date of grant.