OVERTURE SERVICES INC 4
4 · OVERTURE SERVICES INC · Filed Oct 9, 2003
Insider Transaction Report
Form 4
BIONDI FRANK
Director
Transactions
- Disposition to Issuer
Options to buy Common Stock
2003-10-07−9,167→ 0 totalExercise: $17.52Exp: 2010-06-06→ Common Stock (9,167 underlying) - Disposition to Issuer
Common Stock
2003-10-07−11,833→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to merger agreement between issuer and Yahoo! in exchange for (i) 7,227 shares of Yahoo! common stock having a market value of $38.93 on the effective date of the merger and (ii) $4.75 in cash per share.
- [F2]This option, which provided for as to 1/3 of the shares on the one year anniversary of the date of grant and quarterly vesting thereafter, was assumed by Yahoo! in the merger and replaced with an option to purchase 6,752 shares of Yahoo! common stock for approximately $23.79 per share.