DITECH COMMUNICATIONS CORP 4
4 · DITECH COMMUNICATIONS CORP · Filed Jul 1, 2005
Insider Transaction Report
Form 4
MONTGOMERY TIMOTHY K
DirectorPresident, CEO & Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-06-30+335,000→ 335,000 totalExercise: $6.49From: 2005-06-30Exp: 2015-06-30→ Common Stock (335,000 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.