SPANIER THOMAS A 4
4 · DIGITAL VIDEO SYSTEMS INC · Filed May 25, 2004
Insider Transaction Report
Form 4
SPANIER THOMAS A
DirectorChief Executive Officer
Transactions
- Award
Employee Stock Option (right to buy)
2004-05-24+200,000→ 200,000 totalExercise: $1.25Exp: 2014-05-24→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]The options become exercisable in four equal installments of 50,000 shares each, commencing on November 24, 2004 and thereafter, on each succeeding six month period (May 24, 2005, November 24, 2005 and May 24, 2006).