DITECH COMMUNICATIONS CORP 4
4 · DITECH COMMUNICATIONS CORP · Filed Jan 22, 2004
Insider Transaction Report
Form 4
MELKA NADINE
VP Corp. Strategy /Marketing
Transactions
- Exercise/Conversion
Common Stock
2004-01-20$2.19/sh+2,100$4,599→ 2,800 total - Sale
Common Stock
2004-01-20$22.65/sh−2,100$47,560→ 700 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2004-01-20−2,100→ 174,886 totalExercise: $2.19From: 2002-12-19Exp: 2012-12-19→ Common Stock (2,100 underlying)
Footnotes (2)
- [F1]Securities sold pursuant to a 10b5-1 plan that enables an insider to establish a program to make transactions according to an advance plan. Such a program allows an insider to continue with planned transactions even if he or she comes into possession of material non-public information.
- [F2]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.