ASHBURN TOM 4
4 · BEA SYSTEMS INC · Filed Aug 6, 2004
Insider Transaction Report
Form 4
BEA SYSTEMS INCBEAS
ASHBURN TOM
Executive VP, WW Services
Transactions
- Award
Common Stock
2004-08-04$0.01/sh+150,000$1,500→ 150,000 total - Award
Non-Qualified Stock Option (right to buy)
2004-08-04+200,000→ 200,000 totalExercise: $6.41From: 2005-08-04Exp: 2014-08-04→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Shares were issued pursuant to a restricted stock agreement providing for vesting of 100% of the shares on the one-year anniversary of the grant date, August 4, 2005.
- [F2]Fifty (50%) of the combined total Number of Shares vest on the one year anniversary of the grant date, August 4, 2005, and an additional 1/24th 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 two years.