DURBIN EDWARD 4
4 · INTEVAC INC · Filed Nov 14, 2003
Insider Transaction Report
Form 4
INTEVAC INCIVAC
DURBIN EDWARD
10% Owner
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-11-12$3.38/sh−5,000$16,875→ 0 totalExercise: $3.38From: 2000-06-21Exp: 2010-06-21→ Common Stock (5,000 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-11-12$6.00/sh−10,000$60,000→ 0 totalExercise: $6.00From: 1995-11-21Exp: 2005-11-20→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2003-11-12$6.38/sh+2,500$15,938→ 110,214 total - Exercise/Conversion
Common Stock
2003-11-12$5.38/sh+5,000$26,875→ 117,714 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-11-12$6.38/sh−2,500$15,938→ 2,500 totalExercise: $6.38From: 1998-08-31Exp: 2008-08-31→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock
2003-11-12$6.00/sh+10,000$60,000→ 142,714 total
Holdings
- 8,000(indirect: By Spouse)
Common Stock
- 2,344,031(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]Mr. Durbin is a former director of the issuer and is a Manager of Foster City LLC and shares voting and investment powers over the shares of the issuer held by Foster City LLC. Mr. Durbin disclaims beneficial ownership of the shares of the issuer held by Foster City LLC except as to his pecuniary interest therein.
- [F2]The option is immediately exercisable and fully vested upon the date of grant.
- [F3]The option is immediately exercisable, but any shares purchased under the option are subject to repurchase by the issuer at the option exercise price, upon the reporting person's cessation of Board service prior to vesting in the shares. The option shares vest in four successive equal installments upon the optionee's completion of each year of Board service over the four-year period measured from the grant date.
- [F4]This option is immediately exercisable, but any shares purchased under the option are subject to repurchase by the issuer at the option exercise price, upon the reporting person's cessation of Board service prior to vesting in the shares. The option shares vest upon the optionee's completion of one year of Board service as measured from the grant date.