Gai David L 4
4 · BEA SYSTEMS INC · Filed May 25, 2007
Insider Transaction Report
Form 4
BEA SYSTEMS INCBEAS
Gai David L
EVP, Worldwide Services
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2007-05-23+150,000→ 150,000 totalExercise: $12.19From: 2008-05-23Exp: 2014-05-23→ Common Stock (150,000 underlying)
Footnotes (1)
- [F1]25% of the stock option shall vest and may be exercised on the one-year anniversary of the grant date, and thereafter an additional 1/48th of the stock option shall vest and may be exercised on each subsequent monthly anniversary of the grant date over the following thirty-six months. The stock option is completely vested in four years.