GRADY JAMES H 4
4 · DITECH COMMUNICATIONS CORP · Filed Oct 2, 2003
Insider Transaction Report
Form 4
GRADY JAMES H
VP, Worldwide Sales
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2003-09-30+250,000→ 250,000 totalExercise: $8.76From: 2003-09-30Exp: 2013-09-30→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]The option is immediately exercisable, subject to a repurchase option in favor of the Company which lapses over a four year period with 25% lapsing after the first year and monthly thereafter.