HANSEN GEORGE T III 4
4 · WESTAFF INC · Filed Aug 15, 2003
Insider Transaction Report
Form 4
WESTAFF INCWSTF
HANSEN GEORGE T III
Vice President and Controller
Transactions
- Award
Incentive Stock Option (right to buy)
2003-08-13+10,000→ 10,000 totalExercise: $2.00From: 1988-08-08Exp: 2013-08-12→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Grant to reporting person of exempt Rule 16b-3 option under the Westaff, Inc. 1996 Stock Option/Stock Issuance Plan.
- [F2]The option become exercisable as follows: 25% of the option shares become exercisable upon reporting person's completion of one year of service measured from the vesting commencement date and the balance of the option shares become exercisable in a series of 36 successive equal monthy installments upon reporting person's completion of each month of service over the 36-month period measured from the first anniversary of the vesting commencement date.