PANEPINTO ERIC 4
4 · SANCHEZ COMPUTER ASSOCIATES INC · Filed Nov 14, 2003
Insider Transaction Report
Form 4
PANEPINTO ERIC
President, Outsourcing Div.
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2003-11-12$4.10/sh+13,500$55,350→ 13,500 totalExercise: $4.10→ Common Stock (13,500 underlying)
Footnotes (2)
- [F1]Options vest 50% starting six months from the date of grant and another 50% on the first anniversary of the grant date.
- [F2]Each vested segment of the option has a five-year term from the date it first becomes exercisable.