ILL CHARLES 4
4 · BEA SYSTEMS INC · Filed May 27, 2004
Insider Transaction Report
Form 4
BEA SYSTEMS INCBEAS
ILL CHARLES
Executive VP, Worldwide Sales
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-05-25+250,000→ 250,000 totalExercise: $8.25From: 2005-05-25Exp: 2014-05-25→ Common Stock (250,000 underlying)
Footnotes (1)
- [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.