STEPANIK TERRY 4
4 · US DATAWORKS INC · Filed Sep 15, 2003
Insider Transaction Report
Form 4
STEPANIK TERRY
President and COO
Transactions
- Award
Employee Stock Option
2003-09-12+325,000→ 325,000 totalExercise: $0.62Exp: 2013-09-12→ Common Stock (325,000 underlying)
Footnotes (2)
- [F1]This option vests as to 1/2 of the shares on March 31, 2005, and the remaining shares vest on March 31, 2006. The option will become fully vested upon a Change of Control of the issuer.
- [F2]The derivative security is a stock option grant and as a result there is no purchase or sale price.