4//SEC Filing
PETERS STEVE 4
Accession 0001229076-03-000003
CIK 0001082506other
Filed
Oct 28, 7:00 PM ET
Accepted
Oct 29, 5:45 PM ET
Size
15.0 KB
Accession
0001229076-03-000003
Insider Transaction Report
Form 4
PETERS STEVE
EVP, Chf Admin & Legal Officer
Transactions
- Award
Option (Right to Buy)
2003-10-27$12.66/sh+2,499$31,637→ 2,499 totalExercise: $12.66Exp: 2013-10-27→ Common Stock (2,499 underlying) - Award
Option (Right to Buy)
2003-10-27$12.66/sh+1,666$21,092→ 1,666 totalExercise: $12.66Exp: 2013-10-27→ Common Stock (1,666 underlying) - Award
Option (Right to Buy)
2003-10-27$12.66/sh+4,999$63,287→ 4,999 totalExercise: $12.66Exp: 2013-10-27→ Common Stock (4,999 underlying) - Award
Common Stock
2003-10-27+16,666→ 105,729 total - Award
Option (Right to Buy)
2003-10-27$12.66/sh+666$8,432→ 666 totalExercise: $12.66Exp: 2013-10-27→ Common Stock (666 underlying) - Award
Option (Right to Buy)
2003-10-27$12.66/sh+75,000$949,500→ 75,000 totalExercise: $12.66Exp: 2013-10-27→ Common Stock (75,000 underlying)
Holdings
- 55,555
Option (Right to Buy)
Exercise: $5.06Exp: 2009-02-11→ Common Stock (55,555 underlying) - 98,333
Option (Right to Buy)
Exercise: $4.83Exp: 2012-07-15→ Common Stock (98,333 underlying)
Footnotes (9)
- [F1]A restricted stock bonus award with 1/36th of the shares to vest on the 27th of each month beginning November 27, 2003.
- [F2]Numbers have been adjusted for 1-for-3 reverse stock split that occurred on October 21, 2003.
- [F3]The shares subject to such option shall vest and become exercisable at the rate of 1/48th monthly, commencing one month from the date of grant of October 27, 2003.
- [F4]The option to purchase 666 shares of common stock was granted in connection with the Company's Stock Option Exchange Program that commenced April 29, 2003. The shares vest at the rate of 1/60th per month with the vesting commencing on July 13, 2000, in accordance with the vesting terms of the original option grant that was cancelled. Therefore, 433 shares subject to the option are exercisable immediately.
- [F5]The option to purchase 1,666 shares of common stock was granted in connection with the Company's Stock Option Exchange Program that commenced April 29, 2003. The shares vest at the rate of 1/48th per month with the vesting commencing on July 20, 2001, in accordance with the vesting terms of the original option grant that was cancelled. Therefore, 937 shares subject to the option are exercisable immediately.
- [F6]The option to purchase 4,999 shares of common stock was granted in connection with the Company's Stock Option Exchange Program that commenced April 29, 2003. The shares vest at the rate of 1/48th per month with the vesting commencing on March 1, 2001, in accordance with the vesting terms of the original option grant that was cancelled. Therefore, 3,228 shares subject to the option are exercisable immediately.
- [F7]The option to purchase 2,499 shares of common stock was granted in connection with the Company's Stock Option Exchange Program that commenced April 29, 2003. The shares vest at the rate of 1/48th per month with the vesting commencing on January 10, 2001, in accordance with the vesting terms of the original option grant that was cancelled. Therefore, 1,717 shares subject to the option are exercisable immediately.
- [F8]25% of the shares vest on the 1-year anniversary of the vesting commencement date of February 11, 1999, 1/48th of the shares vest monthly thereafter.
- [F9]The shares subject to such option shall vest and become exercisable at the rate of 1/36th monthly, commencing one month from the date of grant of July 15, 2002.
Documents
Issuer
OPENWAVE SYSTEMS INC
CIK 0001082506
Entity typeother
Related Parties
1- filerCIK 0001229076
Filing Metadata
- Form type
- 4
- Filed
- Oct 28, 7:00 PM ET
- Accepted
- Oct 29, 5:45 PM ET
- Size
- 15.0 KB