US DATAWORKS INC·4

Sep 12, 9:21 PM ET

WATSON HAYDEN D 4

4 · US DATAWORKS INC · Filed Sep 12, 2003

Insider Transaction Report

Form 4
Period: 2003-09-11
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2003-09-11$0.65/sh+100,000$65,0001,000,000 total
    Exercise: $0.65From: 2003-09-11Exp: 2013-09-11Common Stock (100,000 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    2003-09-11$0.65/sh+30,000$19,50030,000 total
    Exercise: $0.65Exp: 2013-09-11Common Stock (30,000 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    2003-09-11$0.65/sh+10,000$6,50010,000 total
    Exercise: $0.65Exp: 2013-09-11Common Stock (10,000 underlying)
Footnotes (1)
  • [F1]This option vests in full one year from the date of grant. After the option is held for 6 months, the option will become fully vested upon a change of control of the issuer.

Documents

1 file
  • 4
    edgar.xmlPrimary

    PRIMARY DOCUMENT