SPANIER THOMAS A 4/A
4/A · DIGITAL VIDEO SYSTEMS INC · Filed May 26, 2004
Insider Transaction Report
Form 4/AAmended
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 (2)
- [F1]The reporting person is amending the Form 4 originally filed to report this option grant for the purpose of reflecting a corrected vesting schedule as set forth in Footnote 2.
- [F2]The options become exercisable in 16 equal quarterly installments of 12,500 shares each, commencing on August 24, 2004 and continuing thereafter on each succeeding quarterly period (November 24, 2004, February 24, 2005, May 24, 2005, August 24, 2005, November 24, 2005, February 24, 2006, May 24, 2006, August 24, 2006, November 24, 2006, February 24, 2007, May 24, 2007, August 24, 2007, November 24, 2007, February 24, 2008 and May 24, 2008).