VELASQUEZ GARY S 4
4 · VITRIA TECHNOLOGY INC · Filed Jun 17, 2004
Insider Transaction Report
Form 4
VELASQUEZ GARY S
President & CEO
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-06-16$3.07/sh−12,000$36,840→ 238,000 totalExercise: $2.56Exp: 2013-01-31→ Common Stock (12,000 underlying) - Exercise/Conversion
Common Stock
2004-06-16$2.56/sh+12,000$30,720→ 12,000 total - Sale
Common Stock
2004-06-16$3.07/sh−12,000$36,840→ 0 total
Footnotes (1)
- [F1]The option will vest as to 20% of the shares granted on February 1, 2004. The option shall continue vesting at the rate of 1/60th of the shares granted on the first calendar day of each month through February 1, 2008.