DITECH COMMUNICATIONS CORP 4

4 · DITECH COMMUNICATIONS CORP · Filed Sep 13, 2004

Form 4

Period: 2004-09-10

Exec. VP and C.O.O.

Transactions

Exercise/Conversion
Common Stock
2004-09-10$2.92/sh+3,000$8,760→ 6,821 total
Sale
Common Stock
2004-09-10$22.05/sh−7,000$154,350→ 3,821 total
Sale
Common Stock
2004-09-10$22.05/sh−3,000$66,150→ 3,821 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-09-10−3,000→ 31,900 total
Exercise: $2.92From: 2002-06-21Exp: 2012-06-21→ Common Stock (3,000 underlying)
Exercise/Conversion
Common Stock
2004-09-10$7.12/sh+7,000$49,840→ 10,821 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-09-10−7,000→ 133,000 total
Exercise: $7.12From: 2001-07-12Exp: 2011-07-12→ Common Stock (7,000 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.

Documents

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